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Trinity Exploration Gets 37th Extension On Loan Repayments

27th Jun 2016 10:44

LONDON (Alliance News) - Trinity Exploration & Production PLC on Monday said it has secured the 37th extension to the moratorium on repayments relating to its outstanding debt balance of USD13.0 million with lender Citibank.

The new extension will run to Wednesday, having been due to expire last Friday.

Trinity Exploration shares were down 3.1% to 1.70 pence on Monday morning. The stock is down 60% in 2016 to date.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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