Crown Point's Subsidiary Files Prospectus Supplement and Launches Debt Offering in Argentina

Provided By Globe Newswire

Last update: Aug 4, 2022

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CALGARY, Alberta, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Crown Point Energy Inc. ("Crown Point", the "Company" or "we") is pleased to announce that its wholly-owned Argentine subsidiary, Crown Point Energia S.A. ("CPE"), has launched the offering (the "Offering") of Series III secured fixed-rate notes ("Series III Notes"), denominated in US$ and payable in Pesos, due 36 months after the issue date, in the principal amount of up to the equivalent of US$10 million, which may be increased to up to US$15.6 million or the equivalent in Pesos.