XXL Energy (TSE:XL) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
XXL Energy Corp. secures a $2.3 million business loan from Jonah Bank of Wyoming to fund the completion of three new wells, slated to be operational by late October 2024. The loan, backed by a company director’s corporation as guarantor, carries a variable interest rate and is set to mature one year from the agreement date.
For further insights into TSE:XL stock, check out TipRanks’ Stock Analysis page.