Kolibri Global Energy Inc. (TSE:KEI) has released an update.
Kolibri Global Energy Inc. has announced a 25% increase in the borrowing base of its subsidiary BNK Petroleum (US) Inc., from $40 million to $50 million, with its line of credit provided by BOK Financial. This financial boost is intended to offer greater flexibility and support the company’s growth initiatives, particularly for the Tishomingo project. The company, traded on TSX and NASDAQ, is involved in the development and operation of oil and gas energy projects in North America.
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