KEYFACT Energy
Touchstone Exploration announces that on June 15, 2020 the conditions precedent were satisfied in respect of its previously announced US$20 million, seven-year term loan agreement with Republic Bank Limited. Touchstone withdrew US$15 million to satisfy obligations relating to prepaying the Company's former C$20 million credit facility. Pursuant to the Term Loan, Touchstone has the option to withdraw the remaining US$5 million available balance prior to June 15, 2021.
KeyFacts Energy: Touchstone Exploration Trinidad and Tobago country profile