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PGRMon, 01st Feb 2021 11:31
Phoenix Global Resources PLC - upstream oil and gas company - Says it continues to believe that it will be able to agree the restructure of existing debt with Mercuria and formalise an agreement for new funding. While talks continue, Mercuria has agreed to increase bridging facility to USD20 million.
Current stock price: 5.24 pence; up 9.6% on Monday
Year-to-date change: up 5.8%
By Lucy Heming;Â lucyheming@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
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