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Lycos Energy Inc. Announces Increase to Credit Facility
Calgary, Alberta--(Newsfile Corp. - December 4, 2023) - Lycos Energy Inc. (TSXV: LCX) (" Lycos " ...
About this update from Lycos Energy Inc
[{"type":"text","content":"Lycos Energy Inc. Announces Increase to Credit FacilityCalgary, Alberta--(Newsfile Corp. - December 4, 2023) - Lycos Energy Inc. (TSXV: LCX) (\"Lycos\" or the \"Company\") is pleased to announce that it has entered into an amending agreement with the National Bank of Canada to increase its existing revolving credit facility from $35.0 million to $50.0 million. The credit facility provides added financial flexibility to support the Company's growth.About LycosLycos is an oil-focused, exploration, development and production company based in Calgary, Alberta, operating high-quality, heavy-oil, development assets in the Lloydminster, Greater Lloydminster area and Gull Lake, Saskatchewan.Additional InformationFor further information, please contact:Dave BurtonPresident and Chief Executive OfficerT: (403) 616-3327E: [email protected] GoosVice President, Finance and Chief Financial OfficerT: (403) 542-3183E: [email protected] 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/189777","length":1932,"tagName":"div"}]