PetroMaroc Enters Into Debenture Waiver and Amending Agreement to Extend the Maturity Date of the Secured Debentures

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Apr 11 2016	PetroMaroc Enters Into Debenture Waiver and Amending Agreement to Extend the Maturity Date of the Secured Debentures
TORONTO, ONTARIO--(Marketwired - April 11, 2016) - PetroMaroc Corporation plc (TSX VENTURE:PMA), an independent oil and gas company focused on Morocco (the "Company" or "PetroMaroc"), is pleased to announce that it has entered into a waiver and amending agreement (the "Waiver Agreement") with all four holders (the "Debentureholders") of the Company's Cdn $10.7 million principal amount of debentures (Cdn $9.7 million issued on April 10, 2014, Cdn $1.0 million issued on November 10, 2015 (the "Debentures"), to extend the maturity date from April 10, 2016 to September 30, 2016 (the "Maturity Date").


Source:http://www.marketwired.com/mw/release.do?id=2113469&sourceType=3

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