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Gale Force increases short-term loan to US$600,000


Published Apr 1, 2014
Gale Force Petroleum Inc.-3

Gale Force Petroleum Inc. has received the second of two disbursements pursuant to a short-term loan facility entered into on March 7, 2014, for an aggregate US$600,000 (the "Short-term Loan").

"The proceeds of the Short-term Loan will be used by the Company to pay for key investments in core properties, continuing our reactivation program to maintain and increase oil and gas production," said Michael McLellan, Chief Executive Officer.

Tags: Gale Force Petroleum Inc.




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