Receipt of funds for repayment of US$51.9m loan

Summary by AI BETAClose X

Fenikso Limited has received US$480,641 as partial repayment of the US$51.9 million LOGI loan, with US$34,143,968 remaining outstanding, representing 8.65% of a recent crude oil sales payment, and the next payment is expected in February 2026. Additionally, the company has fully repaid the US$1,959,053 Savanah Energy Investments Limited loan, eliminating all outstanding debt to Savanah Energy.

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