Jura Announces Closing of Running Musharaka Facility

CALGARY, Alberta, Dec. 24, 2021 (GLOBE NEWSWIRE) -- Jura Energy Corporation (“Jura”) is pleased to announce that its wholly-owned subsidiary, Spud Energy Pty Limited (“SEPL”), has entered a running musharaka facility (the “Facility”) of Pakistan Rupees (“PKR”) 500 million (approximately US$2.81 million using the State Bank of Pakistan December 23, 2021 exchange rate of US$1 = PKR178.123). The proceeds of the Facility will be utilized to finance the operating expenses of SEPL.

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