Journey Energy Inc. provides banking update

About this update from Journey Energy, Inc.

[{"type":"text","content":"\n\n\n\nJourney Energy Inc. provides banking update\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\nCanada NewsWire\nCALGARY, AB, Aug. 9, 2020\n\n\n\nCALGARY, AB, Aug. 9, 2020 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (\"Journey\" or the \"Company\") announces an extension to the forbearance agreement with its banking syndicate.  \nJourney reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until August 19, 2020.  Journey and its lending syndicate continue to discuss the best path forward to deal with the repayment of its bank borrowings. This extension of the forbearance period will allow Journey additional time to keep pursuing a solution. \nJourney Energy Inc. 700, 517 – 10th Avenue SWCalgary, AB T2R 0A8403-294-1635www.journeyenergy.ca  \nNo securities regulatory authority has either approved or disapproved of the contents of this press release.\nSOURCE Journey Energy Inc.\n\n\n\n View original content: http://www.newswire.ca/en/releases/archive/August2020/09/c4657.html\n\n\n\n\nAlex G. Verge, President and Chief Executive Officer, 403-303-3232, [email protected]; or Gerry Gilewicz, Chief Financial Officer, 403-303-3238, [email protected] CNW Group 2020","length":2674,"tagName":"div"}]

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