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An update from Bonterra Energy ( (TSE:BNE) ) is now available.
Bonterra Energy announced the successful completion of a $135 million Senior Secured Second Lien Note offering, which will mature in 2030. This strategic financial move allows Bonterra to repay its existing junior debt and strengthen its capital structure, enhancing its ability to pursue development and acquisition strategies. The offering, which was well-received by institutional investors, positions the company for future growth by providing enhanced liquidity and access to capital.
More about Bonterra Energy
Bonterra Energy Corp. is an energy company primarily engaged in the development and production of oil and gas. The company focuses on assets in the Cardium, Charlie Lake, and Montney regions and is listed on the Toronto Stock Exchange under the symbol BNE.
YTD Price Performance: -5.54%
Average Trading Volume: 14,726
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $94.72M
For an in-depth examination of BNE stock, go to TipRanks’ Stock Analysis page.
