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| Home : Hyperion Exploration Corp. Announces Revisions to Bank Line |
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Feb 08
2014 |
Hyperion Exploration Corp. Announces Revisions to Bank Line |
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CALGARY, ALBERTA--(Marketwired - Feb. 7, 2014) - Hyperion Exploration Corp. (TSX VENTURE:HYX) ("Hyperion" or the "Corporation") announces that the Corporation's banking facilities have been revised following the disposition of the Chip Lake assets completed on January 31, 2014, to an aggregate borrowing limit of $40.0 million ($30.0 million operating facility and a $10.0 million acquisition facility). The proceeds from the sale of the Chip Lake assets reduced Hyperion's bank debt to approximately $27.0 million. The banking facilities are subject to review on May 1, 2014. |
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| Source:http://www.marketwired.com/mw/release.do?id=1877046&sourceType=3 |
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