i3 Energy Plc (GB:I3E) has released an update.
i3 Energy Plc has secured a CAD 75 million reserve-based credit facility to improve financial flexibility and fuel its growth and income strategies. The new facility replaces an existing loan, releasing CAD 25 million annually for production growth, and positions the company with substantial liquidity for future expansion. The CEO expresses confidence in the company’s portfolio strength and the new financial relationship’s potential for advancing Canadian operations.
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