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Trinity Exploration Gets 38th Extension On Loan Repayments
LONDON (Alliance News) - Trinity Exploration & Production PLC on Thursday said it has secured the 38th extension to the moratorium on repayments relating to its outstanding debt balance of USD13.0 million with lender Citibank.
The new extension will run to July 12, having been due to expire on Wednesday.
Trinity Exploration shares were untraded on Thursday, having last traded at 1.88 pence. The stock is down 55% in 2016 to date.
By Hannah Boland; hannahboland@alliancenews.com; @Hannaheboland
Copyright 2016 Alliance News Limited. All Rights Reserved.
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