July 8, 2016 / 10:07 PM / a year ago

BRIEF-Tesla Exploration provides update to credit facility negotiations

1 Min Read

July 8 (Reuters) - Tesla Exploration Ltd :

* Tesla provides update to credit facility negotiations

* Continues to negotiate with UK and Canadian lenders to reach an agreement to allow company to continue to function as a going concern

* Has received notification that current agreement has been extended to July 11, 2016

* A failure to reach an agreement would have a material adverse effect on company Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below