RE:RE:RE:several-companies-express-interest-goldboro Pieridae’s previously announced Goldboro sale process is ongoing and, if successful, cash proceeds will be applied against the company’s $23 million (principal plus accrued interest) convertible bridge term loan which matures on December 13, 2024. The Goldboro sale process is expected to conclude in the second quarter of 2024 and, once complete, will mark the conclusion of Pieridae’s strategic pivot away from east coast LNG and toward an Alberta-focused natural gas production and processing business. The Company will make an announcement upon the conclusion of this process.
Same as they said before. We are in that second quarter. Dont hold your breath. If you are looking for relief- putting the northern properties on the market at least might get something.