InPlay Oil Corp. (TSE:IPO) has released an update.
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InPlay Oil Corp. has successfully renewed its Senior Credit Facility at $110 million, maintaining the same borrowing base and extending the term out to June 30, 2025, with a maturity date of one year later. The facility is divided into a $95 million revolving component and a $15 million operating line, ensuring the company’s financial stability and operational liquidity.
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