Receipt of funds for repayment of US$51.9m loan

Summary by AI BETAClose X

Fenikso Limited has received US$516,684 as partial repayment of the US$51,919,467 Lekoil & Gas Investments loan, representing 8.65% of a recent crude oil sales payment, with the remaining loan balance now US$33,190,252 and the next payment due in May 2026. Additionally, the company has fully repaid its Savanah Energy Investments Limited loan according to renegotiated terms, meaning no loan is outstanding to Savanah Energy Limited.

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