Crown Point Energy (TSE:CWV) has released an update.
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Crown Point Energy’s Argentine subsidiary has successfully placed $22 million in secured fixed-rate notes, with a 9.50% annual interest rate, to fund corporate purposes and asset development in Argentina. The notes will be repaid over three equal installments between 2026 and 2027, secured by crude oil sales collections from recent acquisitions.
For further insights into TSE:CWV stock, check out TipRanks’ Stock Analysis page.
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