Trinidad: Touchstone announces additional US$7 million revolving loan facility
Touchstone Exploration has entered into a second amended and restated loan agreement with its Trinidad based lender providing for an additional US$7 million revolving loan. Touchstone intends to use the revolving loan proceeds to maintain financial flexibility while it proceeds with Royston-1X production testing operations and Cascadura facility construction where it continues to target for first production on or around June 30, 2023.
Source: energy-pedia.com
