Crown Point Announces Placement of US$30.0 Million of Series IX Notes
- Crown Point Energy Inc. announced that its Argentine subsidiary, Crown Point Energía S.A., has issued US$30.0 million principal amount of Series IX secured fixed-rate notes.
- The Series IX Notes accrue interest at a fixed rate of 10.75% per annum, with payment in Pesos, starting October 30, 2026.
- The proceeds from the Offering will be used for general corporate purposes and investments in Argentina.
- Crown Point is focused on exploration and development in several basins in Argentina, including the Golfo San Jorge basin.
12 Articles
12 Articles
Crown Point Announces Placement of US$30.0 Million of Series IX Notes
CALGARY, Alberta, Jan. 30, 2026 (GLOBE NEWSWIRE) -- TSX-V: CWV: Crown Point Energy Inc. ("Crown Point", the "Company" or "we") is pleased to announce that its wholly-owned Argentine subsidiary, Crown Point Energía S.A. ("CPE"), has issued a total of US$30.0…
The operator Crown Point announced this Friday the placement of Negotiable Obligations class IX, for US$ 30 million, which will be destined to support part of the investment plan that it plans to develop in the areas that began to operate in this province, since December 1st. The Negotiable Obligations will be amortized in 10 quarterly quotas, with maturities between October 30, 2026 and January 30, 2029, with an interest of 10.75% nominal annua…
Crown Point Energía, the oil company of the local ST Group, goes to the market to seek financing for the operational landing in the mature fields of Chubut acquired last year. Sources of the company told El Cronista that there are good prospects in these areas and that the central objective is to increase production, starting from a greater activity on deposits that have been showing a sustained drop in volume.The issue is directly linked to the…
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