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BRIEF-Dundee Energy says received notice demanding repayment of outstanding indebtedness

Published 2017-07-21, 10:59 a/m
© Reuters.  BRIEF-Dundee Energy says received notice demanding repayment of outstanding indebtedness
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July 21 (Reuters) - Dundee Energy Ltd DEN.TO :

* Co, certain owned entities received notice from lenders under amended and restated credit agreement dated July 31, 2012

* Received notice demanding repayment in full on or before July 31, outstanding principal amount under credit agreement of about $57 million

* Reviewing options with legal and financial advisors with respect to how to proceed in light of demands being made by lenders

* Will continue to operate its business as usual while reviewing its options with its legal and financial advisors

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