Receipt of funds for repayment of US$51.9m loan

Summary by AI BETAClose X

Fenikso Limited has received US$971,881 as a partial repayment of its US$51,919,467 loan from Lekoil & Gas Investments, representing 8.65% of the most recent crude oil sales payment, with US$31,420,093 remaining outstanding. The company also confirmed the full repayment of its loan to Savanah Energy Investments Limited, eliminating any outstanding balance with Savanah Energy Limited.

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