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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Yangarra Resources Ltd > Credit Renewal May 31
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Comment by Hendrick3on May 29, 2024 4:05pm
98 Views
Post# 36063006

RE:RE:Credit Renewal May 31

RE:RE:Credit Renewal May 31

Well I stand corrected. The debt was renewed and announced last press release. 


The Company has completed its annual borrowing base review, and the syndicated senior credit facility has been confirmed at $130 million. The term out date has been extended to May 30, 2025, and the maturity date has been extended to May 30, 2026.  The mandatory quarterly repayments of $5 million have been removed."

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