CALGARY, AB, Aug. 9, 2020 /CNW/ – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) announces an extension to the forbearance agreement with its banking syndicate.
Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until August 19, 2020. Journey and its lending syndicate continue to discuss the best path forward to deal with the repayment of its bank borrowings. This extension of the forbearance period will allow Journey additional time to keep pursuing a solution.
Journey Energy Inc.
700, 517 â 10th Avenue SW
Calgary, AB T2R 0A8
No securities regulatory authority has either approved or disapproved of the contents of this press release.
SOURCE Journey Energy Inc.
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