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Highwood Oil Company Ltd. Announces Amendment to Credit Facility
Highwood Oil Company Ltd. Announces Amendment to Credit Facility Canada NewsWir...
About this update from Highwood Asset Management Ltd
[{"type":"text","content":"\n \n \n \n Highwood Oil Company Ltd. Announces Amendment to Credit Facility\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n CALGARY, AB, Nov. 2, 2020\n \n \n \n \n \n /NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/\n \n \n \n CALGARY, AB,\n \n Nov. 2, 2020\n \n /CNW/ - Highwood Oil Company Ltd. (TSXV: HOCL) (\"\n \n Highwood\n \n \" or the \"\n \n Company\n \n \") announces amendments to the Company's reserve-based credit facility (the \"Credit Facility\").\n \n \n \n \n \n \n \n \n \n \n Credit Facility Amendment\n \n \n \n The Company's Credit Facility has been amended with the maturity date of Term Facility A extended to\n \n December 15\n \n , 2020.  The Company will also continue to work with its lender to explore all options needed to satisfy the conditions of the Credit Facility.\n \n \n \n Warnings\n \n \n \n \n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.\n \n \n \n \n This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as \"will\", \"may\", \"should\", \"anticipate\", \"expects\" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include risks detailed from time to time in the filings made by the Company with securities regulations.\n \n \n \n \n The reade...