Crown Point Energy Issues New Series V Notes

Crown Point Energy (TSE:CWV) has released an update.

Crown Point Energy Inc., an oil and gas company operating in Argentina, has announced the issuance of US$7,183,058 in Series V unsecured fixed-rate notes by its Argentine subsidiary, Crown Point Energía S.A. These notes, accruing interest at 8% per annum, are part of a larger US$75 million Negotiable Obligations Issuance Program and will mature in February 2026. The proceeds are earmarked for general corporate purposes and to fund asset development in Argentina.

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