|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| - AUD | -.--% |
|
+7.69% | -.--% |
| 2019 | Elk Petroleum Limited Announces Management Changes | CI |
| 2019 | Elk Petroleum Limited Appoints David Evans as Interim Chief Executive Officer, Effective 1 April 2019 | CI |
Elk Petroleum Limited (ASX:ELK) announced that it has entered into unsecured short term loan facility for gross proceeds of AUD 1,250,000 on January 8, 2014. The loan will bear an interest at the rate of 12.5% per annum, payable quarterly. The loan will have a term of 12 months with a 6 months repayment option at the call of the lenders.
The company will also issue options exercisable at AUD 0.25 per share for a period of 15 months. DJ Carmichael will act as a lead manager in the transaction.
ELK PETROLEUM LIMITED 
