| Home : April 2015 : April 02, 2015 News : Esrey Announces Debt Settlement and Withdrawal from Poland |
Esrey Announces Debt Settlement and Withdrawal from Poland |
April 02, 2015
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 1, 2015) - Esrey Energy Ltd. ("Esrey" or the "Company") (TSX VENTURE:EEL) is pleased to announce that it has entered into a debt settlement agreement to settle in full the matured non-revolving credit facilities owed by the Corporation's subsidiary, Kaynes Capital S.a.r.l. ("Kaynes"), to an arm's length creditor (the "Creditor"). At maturity Kaynes owed US$3,377,776 under the credit facilities.
http://www.marketwired.com/mw/release.do?id=2006132&sourceType=3
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