Mr. Rupert Cole reports
XCITE ENERGY LIMITED: EQUITY LINE FACILITY AGREEMENT EXTENSION
Xcite Energy Ltd. has extended the term of its existing
equity line facility agreement (ELF) with Esousa Holdings LLC by
three years until July 30, 2017.
The terms and conditions of the ELF remain unchanged, with an undrawn
facility amount of 30.84 million British pounds, to be used, subject to the terms and
conditions of the ELF, at the sole discretion of the company.
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