Source - Alliance News

Challenger Energy Group PLC - Caribbean and America-focused oil and gas company - Says it is debt-free after fully repaying its short-term £346,500 bridge loan in late October, which went towards redeeming in full the drawn and unconverted balance of a convertible loan note funding facility. Says part of the proceeds of the $3 million sale of Cory Moruga licence onshore Trinidad, announced on Tuesday, were used to repay loan.

Current stock price: 0.060 pence, down 3.7%

12-month change: down 25%

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Challenger Energy Group PLC (CEG)

+0.25p (+4.26%)
delayed 13:30PM