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| Home : Jura Enters into a $2,000,000 Credit Facility |
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Feb 15
2012 |
Jura Enters into a $2,000,000 Credit Facility |
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CALGARY, ALBERTA--(Marketwire - Feb. 14, 2012) - Jura Energy Corporation ("Jura") (TSX:JEC) announced today that it has entered into a C$2,000,000 credit facility (the "Facility") with an individual lender (the "Lender") who expressed an interest in investing in the Private Placement (as defined below). Jura will draw down on the Facility over time to satisfy certain outstanding liabilities and to fund its operations pending the closing of the transactions that were approved by the shareholders of Jura at the special meeting of the shareholders that was held on January 17, 2012 (the "Meeting"). The transactions that were approved at the Meeting (the "Transactions") include the following: |
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| Source:http://www.marketwire.com/mw/release.do?id=1619716&sourceType=3 |
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