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/R E P E A T -- NG ENERGY ANNOUNCES FINANCING AGREEMENT WITH MACQUARIE GROUP OF UP TO US$100 MILLION INCLUDING US$50 MILLION IN COMMITTED FUNDING/

/R E P E A T -- NG ENERGY ANNOUNCES FINANCING AGREEMENT WITH MACQUARIE GROUP OF UP TO US$100 MILL...

articleNg Energy International CorpFebruary 9, 20243/company/ng-energy-international-corp/news/r-e-p-e-a-t-ng-energy-announces-financing-agreement-with-macquarie-group-of-up-to-usdollar100-million-including-usdollar50-million-in-committed-funding-1
/R E P E A T -- NG ENERGY ANNOUNCES FINANCING AGREEMENT WITH MACQUARIE GROUP OF UP TO US$100 MILLION INCLUDING US$50 MILLION IN COMMITTED FUNDING/

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[{"type":"text","content":"\n \n \n \n /R E P E A T -- NG ENERGY ANNOUNCES FINANCING AGREEMENT WITH MACQUARIE GROUP OF UP TO US$100 MILLION INCLUDING US$50 MILLION IN COMMITTED FUNDING/\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.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n The Company has obtained financing from Macquarie Group of up to\n \n US$100 million\n \n with an initial advance of\n \n US$40 million\n \n resulting in reduced company leverage, a fully funded development plan and additional available committed liquidity for future development.\n \n \n \n \n NG Energy welcomes a key global financial institution as a strategic stakeholder to provide support for rapid growth.\n \n \n \n \n Brian Paes-Braga appointed CEO; former CEO,\n \n Serafino Iacono\n \n , to transition to Co-Chairman.\n \n \n \n \n Production from Maria Conchita continues to ramp up: 19.4 MMcf/d (15.52 MMcf/d net) with 100% of gas volumes being sold into premium priced environment.\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Feb. 8, 2024\n \n \n /CNW/ -\n \n NG Energy International Corp.\n \n (\"\n \n NGE\n \n \" or the \"\n \n Company\n \n \") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that it has entered into a definitive credit and guarantee agreement (the \"\n \n Credit Agreement\n \n \") with  Macquarie Group (\"\n \n Macquarie\"\n \n ) for a financing (the \"\n \n Financing\n \n \") of u...

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