Striker Exploration Corp. Announces Renewal of Banking Facilities

Striker Exploration Corp. Announces Renewal of Banking Facilities

ID: 403812

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 06/30/15 -- Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE: SKX) is pleased to announce as a result of the scheduled review by Striker's syndicate of Canadian chartered banks, the aggregate lending limit of the existing banking facilities remain unchanged at $55 million. The facilities consist of a $40 million revolving term facility, plus a $15 million revolving operating facility. Both facilities are to be reviewed by the lending syndicate on or before October 31, 2015.

ABOUT STRIKER

Striker is a growth-oriented, light oil focused company operating predominantly in Alberta. Striker's full-cycle business plan provides an excellent opportunity to position itself as a high-growth junior E&P company. With an experienced management team and a strong committed Board, growth is expected to occur through timely strategic acquisitions and drilling. Striker currently trades on the TSX Venture Exchange under ticker "SKX".



Contacts:
Doug Bailey
President and Chief Executive Officer

Neil Burrows
Vice President, Finance and Chief Financial Officer

Striker Exploration Corp.
1250, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8
(403) 262-0242



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Bereitgestellt von Benutzer: Marketwired
Datum: 30.06.2015 - 11:00 Uhr
Sprache: Deutsch
News-ID 403812
Anzahl Zeichen: 0

contact information:
Town:

CALGARY, ALBERTA



Kategorie:

Oil & Gas



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