CALGARY, ALBERTA--(Marketwired - Nov. 26, 2013) - Cordy Oilfield Services Inc. ("Cordy" or the "Corporation") (TSX VENTURE:CKK) announces that it anticipates obtaining a $6 million secured loan from an arm's length lender on or about November 27, 2013. The Loan will be due and payable on the six month anniversary of the closing date (the "Maturity Date") and will bear interest at the rate of 14% per annum, calculated daily. At Cordy's option the term of the Loan may be extended for an additional six months upon the payment of a renewal fee of $300,000.
