LONDON (Alliance News) - New World Oil and Gas PLC said Wednesday that it has been repaid USD705,447.05 from loans it made to Dynamic Investments Ltd and Peter and Georges Sztyk.
The due date of these loans had been extended, and they have now been repaid including interest of 3% per year.
Shares in New World Oil and Gas were down 0.8% at 0.0595 pence Wednesday afternoon.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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