An anonymous director reports
XXL ENERGY CORP. ANNOUNCES AN AMENDED BUSINESS LOAN AGREEMENT
WITH JONAH BANK OF WYOMING
Exxel Energy (USA) Inc. (Exxel USA), a wholly owned subsidiary of XXL Energy Corp., entered into an amended business loan agreement
dated Sept. 26, 2025, with Jonah Bank of Wyoming. According to the
amended loan agreement, the maximum credit amount was increased from $2.3-million (U.S.) to
$4-million (U.S.), the calculation of the variable interest rate changed resulting in a higher effective
interest rate, and the maturity date was extended from Sept. 26, 2025, to Sept. 26, 2027,
with all other terms and conditions remaining the same. The new loan is secured
by Standard Energy as guarantor. Standard is a corporation wholly owned by John R.
Hislop, a director and officer of the company. Exxel USA currently has a remaining balance owing on
the new loan in the amount of $1-million (U.S.).
About XXL Energy Corp.
XXL is an independent oil and gas exploration and development company focused in the Greater
Green River basin of Wyoming, the Piceance basin of Colorado and Pinedale field of Wyoming.
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