By Josh White
Date: Friday 10 Nov 2023
LONDON (ShareCast) - (Sharecast News) - Caribbean and Americas-focussed oil and gas company Challenger Energy announced on Friday that it has retired its short-term bridge loan, under the terms it outlined on 27 October.
The AIM-traded firm said the move followed the recent transaction involving the sale of the Cory Moruga licence, as disclosed on 7 November.
It said the proceeds generated from the sale of the Cory Moruga licence were allocated towards the repayment of the short-term bridge loan.
As a result, Challenger Energy was now completely debt-free.
At 0837 GMT, shares in Challenger Energy Group were down 3.04% at 0.0606p.
Reporting by Josh White for Sharecast.com.
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Currency | UK Pounds |
Share Price | 0.16p |
Change Today | 0.001p |
% Change | 0.88 % |
52 Week High | 0.17 |
52 Week Low | 0.038 |
Volume | 22,018,053 |
Shares Issued | 10,494m |
Market Cap | £16.67m |
RiskGrade | 73 |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
15:25 | 8,193 @ 0.16p |
14:24 | 5,000,000 @ 0.16p |
15:23 | 35,157 @ 0.16p |
15:23 | 38,270 @ 0.16p |
15:18 | 250,000 @ 0.16p |
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