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| Home : Thunderbird Energy Announces Project Financing Negotiations |
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Jun 22
2011 |
Thunderbird Energy Announces Project Financing Negotiations |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2011) - Thunderbird Energy Corp. (TSX VENTURE:TBD) ("Thunderbird") today announced that it is in negotiations to conclude a project financing arrangement that will provide the necessary capital to develop the Company's Gordon Creek, Utah natural gas field over the next two years. Although these negotiations have not yet been concluded, Thunderbird has been provided with a US$2 million unsecured, interest-bearing loan which will be repayable upon completion of the project financing. In the event that the negotiations are not successfully concluded, the loan will be due in one year. |
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| Source:http://www.marketwire.com/mw/release.do?id=1529760&sourceType=3 |
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