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| Home : Caza Oil & Gas Announces Execution of $12,000,000 Loan Agreement and Standby Equity Distribution Agreement |
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Nov 26
2012 |
Caza Oil & Gas Announces Execution of $12,000,000 Loan Agreement and Standby Equity Distribution Agreement |
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HOUSTON, TEXAS--(Marketwire - Nov. 26, 2012) - Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX:CAZ) (AIM:CAZA) is pleased to announce today that it has entered into a £6 million Standby Equity Distribution Agreement ("SEDA") and a US$12 million SEDA-backed Loan Agreement with YA Global Master SPV Ltd., an investment fund managed by Yorkville Advisors Global, LP ("Yorkville"). These facilities will provide Caza flexibility for future capital funding and meeting the costs of continued drilling of the Bone Spring play in New Mexico. |
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| Source:http://www.marketwire.com/mw/release.do?id=1729777&sourceType=3 |
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