CALGARY, ALBERTA–(Marketwired – July 22, 2015) – Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that following the annual review by the Company’s lender, the Company’s credit facility has been renewed at $8.5 million with its terms and amount remaining unchanged from the previous credit facility.
Tuscany’s net debt is currently approximately $6.5 million.
[expand title=”Advisories & Contact”]Tuscany has filed a copy of the Credit Facility agreement on SEDAR.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Tuscany Energy Ltd.
Robert W. Lamond
President & CEO
(403) 269-9889
(403) 269-9890 (FAX)
Tuscany Energy Ltd.
Charles A. Teare
Executive Vice President & CFO
(403) 269-9889
(403) 269-9890 (FAX)
www.tuscanyenergy.com
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