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Greenhawk Resources Inc ( (TSE:GRHK) ) just unveiled an announcement.
Greenhawk Resources Inc. has agreed to amend and restructure a $2.7 million convertible debenture with CG International Petroleum Corp. The restructuring involves a new credit facility that will finance CGIP’s oil and gas project in Chad, with the debenture being exchanged for new debt under the same terms. The agreement includes a 15% interest rate and a 24-month maturity period, with a six-month grace period for initial payments.
More about Greenhawk Resources Inc
YTD Price Performance: -50.0%
Average Trading Volume: 301,358
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.72M
Find detailed analytics on GRHK stock on TipRanks’ Stock Analysis page.