SDX Energy (GB:SDX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
SDX Energy has successfully refinanced a convertible loan with Aleph Finance Ltd, securing approximately $4.5 million to repay the existing loan. The company plans to use an additional $2 million for capital expenditure in Morocco and general corporate needs. This strategic move could enhance SDX’s financial stability and asset potential.
For further insights into GB:SDX stock, check out TipRanks’ Stock Analysis page.
