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CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - Caspian Energy Inc. (TSX VENTURE:CKZ.H) ("Caspian") announces that it has drawn down and received an additional U.S.$900,000 under the second tranche of the loan facility (the "Second Tranche") provided pursuant to the loan agreement (the "Loan Agreement") dated July 7, 2014, as amended November 4, 2014, with its principal shareholders, Meridian International Capital Fund ("Meridian") and Firebird Global Master Fund Holdings, Ltd., Firebird Avrora Fund, Ltd. Firebird Republics Fund Ltd., Firebird Fund L.P., and Firebird New Russia Fund Ltd. (collectively, "Firebird" and together with Meridian, the "Lenders"). |
