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| Home : Eagle Energy Inc. Announces Increased Borrowing Capacity under a Four Year Secured Term Loan, 2017 Growth Capital Budget and Guidance, and Suspension of Dividend |
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Mar 14
2017 |
Eagle Energy Inc. Announces Increased Borrowing Capacity under a Four Year Secured Term Loan, 2017 Growth Capital Budget and Guidance, and Suspension of Dividend |
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CALGARY, ALBERTA--(Marketwired - March 13, 2017) - Eagle Energy Inc. ("Eagle") (TSX:EGL) is announcing an increase to its borrowing capacity by way of a new four year secured term loan and its 2017 capital budget, production and operating cost guidance. In addition, as Eagle embarks on a more growth-oriented strategy, it is announcing a suspension of its dividend following the payment of its February dividend. The February dividend of $0.005 per common share that was previously declared on February 15, 2017 for shareholders of record on February 28, 2017 will still be paid on March 23, 2017. |
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| Source:http://www.marketwired.com/mw/release.do?id=2202582&sourceType=3 |
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