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Home : Westbridge Signs Binding Agreement for US$1.0 Million Lease Bank Facility |
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Jan 10 2015 |
Westbridge Signs Binding Agreement for US$1.0 Million Lease Bank Facility |
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 9, 2015) - Westbridge Energy Corporation (TSX VENTURE:WEB)(FRANKFURT:PUQ1)(OTC PINK:WEGYF) ("Westbridge" or the "Company") reports it has executed a binding agreement whereby the Company will enter into a US$1.0 million (the "Principal") lease bank facility (the "Facility") alongside Black Pearl Holdings, LLC ("Black Pearl") with a private Japanese company ("Private Co"). Upon closing, the Principal will fund the acquisition of leases covering seismically defined drillable conventional prospects (the "Prospects"). |
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Source:http://www.marketwired.com/mw/release.do?id=1981636&sourceType=3 |
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