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.
For further insights into TSE:CWV stock, check out TipRanks’ Stock Analysis page.
