Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

BRIEF-Bnk Petroleum Says Board Has Decided To Reduce Its Size

Published 2020-10-05, 08:40 a/m
© Reuters.

Oct 5 (Reuters) - Bnk Petroleum Inc BKX.TO :

* BNK PETROLEUM - BOARD HAS DECIDED TO REDUCE SIZE OF BOARD

* BNK PETROLEUM - DIRECTORS FORD NICHOLSON, GENERAL WESLEY CLARK AND VICTOR REDEKOP ARE NOT STANDING FOR RE-ELECTION AT ANNUAL MEETING

* BNK PETROLEUM - PLANS TO CHANGE ITS NAME TO KOLIBRI GLOBAL ENERGY INC

* BNK PETROLEUM INC - PLANS TO CONCURRENTLY CHANGE ITS TSX TICKER SYMBOL TO KEI

* BNK PETROLEUM - UNIT BNK US HAS RECEIVED ITS BANK BORROWING BASE REDETERMINATION ON ITS REVOLVING LINE OF CREDIT FROM BOKF

* BNK PETROLEUM INC - REDETERMINATION MOVED BNK US BORROWING BASE TO $22 MILLION

* BNK PETROLEUM INC - BNK US AGREED TO MAKE FUTURE PRINCIPAL PAYMENTS TO FURTHER REDUCE BORROWING BASE TO $18.6 MILLION BY MAY 2021

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.