Sdx Energy Inc (UK) (GB:SDX) has released an update.
SDX Energy PLC has received $3.5 million from the sale of West Gharib and repaid its $2.7 million debt to EBRD, enhancing financial flexibility for strategic growth and energy transition plans. The company also amended its convertible loan agreement with Aleph Finance Ltd., extending the drawdown period for the remaining $750,000 to fund Moroccan drilling and other corporate activities. The loan terms remain unchanged, with conversion options available for lenders at set prices.
For further insights into GB:SDX stock, check out TipRanks’ Stock Analysis page.
