Receipt of funds for repayment of US$51.9m loan

Summary by AI BETAClose X

Fenikso Limited has received US$798,277 as a partial repayment of its US$51,919,467 loan from Lekoil & Gas Investments, with the remaining balance now at US$32,391,975. This payment represents 8.65% of LOGI's most recent crude oil sales receipt, and the next payment is anticipated in June 2026. Additionally, Fenikso Limited has fully repaid its loan to Savanah Energy Investments Limited, eliminating any outstanding debt to that entity.

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