InPlay Oil Corp. Announces Renewal of Credit Facility

About this update from Inplay Oil Corp

[{"type":"text","content":"\n \n \n \n InPlay Oil Corp. Announces Renewal of 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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n June 24, 2024\n \n \n /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (\"InPlay\" or the \"Company\") is pleased to announce the completion of the annual renewal of its syndicated Senior Credit Facility.\n \n \n \n \n \n \n \n \n \n InPlay's Senior Credit Facility has been renewed at\n \n $110 million\n \n comprised of a\n \n $95 million\n \n revolving facility and a\n \n $15 million\n \n operating line of credit (together, the \"Senior Credit Facility\"). The borrowing base of the Senior Credit Facility has been reconfirmed at\n \n $110 million\n \n and the term out date extended out to\n \n June 30, 2025\n \n with a maturity date of\n \n June 30, 2026\n \n .\n \n \n SOURCE InPlay Oil Corp.\n \n \n \n \n \n \n View original content to download multimedia:\n \n http://www.newswire.ca/en/releases/archive/June2024/24/c1667.html\n \n \n \n \n\n","length":3014,"tagName":"div"}]

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