CALGARY, AB , Oct. 13, 2020 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (" Journey " or the " Company ") announces a further extension to the forbearance agreement with its banking syndicate.
Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance period until October 30, 2020 to enable the Company and its lending syndicate to continue discussions regarding the repayment of outstanding bank borrowings. The company will issue another update on or before October 30, 2020 as discussions progress.
Journey Energy Inc.
700, 517 – 10
th
Avenue SW
Calgary, AB
T2R 0A8
403-294-1635
www.journeyenergy.ca
No securities regulatory authority has either approved or disapproved of the contents of this press release.
SOURCE Journey Energy Inc.