June 14 (Reuters) - Dalmac Energy Inc DAL.V :
* . AMENDED FINANCING ARRANGEMENT
* DALMAC ENERGY - TERMS OF A LOAN FROM 1175317 ALBERTA ( "LENDER"), A CORPORATION WHOLLY OWNED BY JOHN BABIC, CEO OF DALMAC, HAVE BEEN FINALIZED
* ON JUNE 12, 2019, LENDER PROVIDED A SHAREHOLDER LOAN IN AMOUNT OF $420,000
* DALMAC ENERGY-SHAREHOLDER LOAN IS NON-INTEREST BEARING & ASSIGNED & POSTPONED TO CO'S EXISTING CREDIT FACILITY WITH PRIMARY LENDER, SERVUS CREDIT UNION
* IN ADDITION, DALMAC ENTERED INTO AN AGREEMENT TO MAKE CERTAIN AMENDMENTS TO ITS CREDIT FACILITY
* PURPOSE OF SHAREHOLDER LOAN IS TO PROVIDE DALMAC WITH ADDITIONAL AND NECESSARY WORKING CAPITAL TO SUPPORT CO'S ONGOING OPERATIONS