Ensign Energy Secures $25 Million in Debenture Offering

Ensign Energy Services (TSE:ESI) has released an update.

Ensign Energy Services has successfully closed a $25 million private placement of unsecured, subordinated convertible debentures, offering investors a promising 7.50% annual interest rate. The proceeds from this offering will be utilized for general corporate purposes, while major stakeholders, including significant shareholders, actively participated in the transaction.

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