Bullboard - Stock Discussion Forum Pulse Seismic Inc T.PSD

Alternate Symbol(s): PLSDF

Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net... see more

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TSX:PSD - Post Discussion

Pulse Seismic Inc > Pulse is effectively debt-free!

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Post by neigegarcon on Jan 20, 2022 1:22pm

Pulse is effectively debt-free!

Check out this media release from Dec 21, 2021:
https://www.globenewswire.com/news-release/2021/12/21/2356432/0/en/Pulse-Seismic-Inc-Announces-Renewal-and-Extension-of-Revolving-Credit-Facility.html

Pulse had debt of $28 million at end of 2020.

After a great year it had debt of $1.4 million on a $25 revolving credit facility at the end of 2021.

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