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Hyperion Exploration Renews Existing Bank Facilities’ Lending Limits
Jan. 08, 2013 11:15AM PST
Oil and Gas InvestingHyperion Exploration Corp. (TSXV:HYX) announced that the lending limits of its existing banking facilities remain unchanged at $50.0 million.
As quoted in the press release:
The Company’s revolving operating facility remains at a borrowing limit of $40.0 million and an acquisition/development facility remains at a borrowing limit of $10.0 million. Security for these facilities will continue to be provided by way of a charge over the petroleum and natural gas assets of the Company.
Click here to read the Hyperion Exploration Corp. (TSXV:HYX) press release
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