Business
ShaMaran Reports Market Purchase and Cancellation of Bonds
ShaMaran Reports Market Purchase and Cancellation of Bonds Canada NewsWire ...
About this update from Shamaran Petroleum Corp.
[{"type":"text","content":"\n\n\n\n ShaMaran Reports Market Purchase and Cancellation of Bonds\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 VANCOUVER, BC\n \n\n ,\n \n\n Oct. 28, 2024\n \n\n /CNW/ -\n \n ShaMaran Petroleum Corp. (\"ShaMaran\" or the \"Company\")\n \n (TSXV: SNM) (Nasdaq First North: SNM) announces the market purchase and cancellation of\n \n $2.1\n \n\n\n million of the Company's 12% senior unsecured bond (ISIN NO0011057622) (the \"Bond\"). The total outstanding amount of the Bond as of the date of this press release is\n \n $200.0\n \n\n\n million.\n \n PDF Version\n \n\n\n ShaMaran plans to publish its financial statements for the nine months ending September\n \n\n 30, 2024, on November\n \n\n 7, 2024. Except as otherwise indicated, all currency amounts indicated as \"$\" in this news release are expressed in\n \n United States\n \n dollars.\n \n\n\n About ShaMaran Petroleum Corp.\n \n\n\n ShaMaran is a Canadian independent oil and gas company focused on the\n \n Kurdistan\n \n region of\n \n Iraq\n \n . The Company indirectly holds an 18% working interest (22.5% paying interest) in the Sarsang Block and a 50% working interest (66.67% paying interest) in the Atrush Block. The Company is listed in\n \n Toronto\n \n on the TSX Venture Exchange and in\n \n Stockholm\n \n on Nasdaq First North Growth Market (ticker \"SNM\"). ShaMaran is part of the Lundin Group of Companies.\n \n\n\n\n Important Information\n \n\n\n\n\n ShaMaran is obliged to make this information public pursuant to the EU Market Abuse Regulation. This information was submitted for publication through the agency of the contact person set out below on October\n \n\n 28, 2024, at 5:30\n \n\n p.m. Eastern Time.\n \n\n\n\n The Company's certified advisor on Nasdaq First North Growth Market is FNCA Sweden\n \n\n AB.\n \n\n\n\n\n Forward-Looking Statements\n \n\n\n\n\n Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or the Company's future performance, business prospects and opportunities, which are...