3MV Energy Announces a Demand Notice From Its Secured Lender
CALGARY, Jan. 21, 2016
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./
CALGARY, Jan. 21, 2016 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) announces it has received notice from Invico Diversified Income Limited Partnership ("Invico") of default by 3MV under terms of a loan agreement dated October 31, 2014, demand for repayment of $6,000,000 principal outstanding together with accrued unpaid interest and notice of Invico's intention to enforce security.
3MV is an oil and gas exploration and development company with assets throughout west central Saskatchewan's Viking oil play.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE 3MV Energy Inc.
Dallas Duce, Interim CEO, (306) 637-4422; OR Billy Abbey, CFO, VP Finance, (587) 349-8685Copyright CNW Group 2016
Source: Canada Newswire
(January 21, 2016 - 5:21 PM EST)
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