TSXV:VER.H - Post by User
Post by
trashmanon Jan 24, 2011 5:35pm
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Post# 18019508
Extension
ExtensionVecta Energy Corporation Announces Extension of Secured Loans and Filing of 2009 Annual Information FormCALGARY, ALBERTA, Jan 24, 2011 (Marketwire via COMTEX News Network) --
VectaEnergy Corporation (TSX VENTURE:VER) ("Vecta" or the "Company") ispleased to announce that the secured loan holders have agreed to extendthe maturity date of the secured loan from February 1, 2011 to April 1,2011. This extension is to allow adequate time for Vecta to complete thenecessary legal documentation for completion of documents and financingpertaining to the joint venture transaction, as announced on November2, 2010.