March 4 (Reuters) - Jupiter Energy Ltd (JPR) :
- REACHED AGREEMENT FOR A SIGNIFICANT RESTRUCTURE OF EXISTING DEBT HELD WITH ALL 4 OF ITS NOTEHOLDERS
- TO PAY EACH NOTEHOLDER 20% OF THEIR TOTAL DEBT OUTSTANDING IN CASH AT SETTLEMENT DATE
- UNDER TERMS, NOTEHOLDER TO CONVERT 30% OF THEIR TOTAL DEBT OUTSTANDING TO NEW SHARES IN CO AT SETTLEMENT DATE
- INTENDS TO RAISE A MINIMUM OF $A35M VIA ISSUE OF NEW SHARES
- INTENDS TO FINALISE ITS GAS UTILISATION PLAN DURING MARCH 2022
- IF DEBT RESTRUCTURE SUCCESSFULLY, CO WILL HAVE SUFFICIENT WORKING CAPITAL TO ACHIEVE 100% GAS UTILISATION ON ITS 3 OILFIELDS IN 2023
News: JPR Jupiter Energy Reaches Deal For Restructure Of Existing Debt Held With All 4 Noteholders
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.14M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 200000 | 1 |
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| Last trade - 16.21pm 18/07/2025 (20 minute delay) ? |
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