SDX Energy (GB:SDX) has released an update.
SDX Energy PLC has announced negotiations for a new facility agreement to refinance an existing unsecured convertible loan of $3.25 million, with discussions for the new agreement currently ongoing. The company has also received approval from the lender to delay repayment, contingent on finalizing the new agreement by September 13, 2024. Shareholders will be asked to vote on this new agreement in an upcoming general meeting, with the precise date to be announced later.
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