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    Hyperion Exploration Renews Existing Bank Facilities’ Lending Limits

    Investing News Network
    Jan. 08, 2013 11:15AM PST
    Oil and Gas Investing

    Hyperion Exploration Corp. (TSXV:HYX) announced that the lending limits of its existing banking facilities remain unchanged at $50.0 million.

    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.

    Click here to read the Hyperion Exploration Corp. (TSXV:HYX) press release

    See this press release on Marketwire
    Click here to see the Hyperion Exploration Corp. (TSXV:HYX) profile.

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