Marquee Energy Ltd. Announces Strategic Financing Transaction and Expanded 2017 Capital Program
CALGARY, AB--(Marketwired - May 30, 2017) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) is pleased to announce key steps that have been taken to increase growth, value and liquidity. The Company has entered into a term loan with Crown Capital Fund IV, LP ("Crown Capital"), an investment fund managed by Crown Capital Partners Inc. and has closed a new credit facility with a major Canadian bank (the "Credit Facility"). This will allow the Company to expand its capital program for the second half of 2017.