Hyperion Exploration Renews Existing Bank Facilities’ Lending Limits

Hyperion 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.

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