GREY:ARWJF - Post by User
Comment by
green_CCZon Mar 26, 2014 11:45am
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Post# 22369863
RE:BORROWING AT 12% PER ANNUM..HOLY MOLY
RE:BORROWING AT 12% PER ANNUM..HOLY MOLYDuring the first half of fiscal 2014, Aroway strengthened its financial position by reducing its debt level through continued repayment of its credit facility. During the six months ended December 31, 2013, the Company reduced its credit facility by $2,150,000 and currently continues to reduce its debt position by $300,000 per month. In addition, the Company completed a seismic program on its newly acquired lands in the Kerrobert area of Saskatchewan...