Greenhawk Agrees to Amend and Restructure Debenture With CG International Petroleum Corp.
Portfolio Pulse from
Greenhawk Resources Inc. has agreed to amend and restructure a $2.7 million convertible debenture with CG International Petroleum Corp. CGIP has secured a new credit facility to finance its Doba Basin project in Chad.
March 13, 2025 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Greenhawk Resources has restructured its $2.7 million debenture with CG International Petroleum, potentially improving its financial position and investment in CGIP.
The restructuring of the debenture could improve Greenhawk's financial position and investment in CGIP, as it aligns with CGIP's new credit facility for the Doba Project, potentially leading to better returns.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80