Extension of Convertible Loan Agreement
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| Stock | Metgasco Ltd (MEL.ASX) |
|---|---|
| Release Time | 24 Dec 2025, 12:06 p.m. |
| Price Sensitive | Yes |
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Metgasco Extends Convertible Loan Agreement
Key Points
- Metgasco extends Glennon Small Companies Ltd convertible loan agreement
- Repayment date extended from 31 December 2025 to 30 June 2026
- Loan terms remain unchanged
Full Summary
Metgasco Ltd (ASX: MEL) has announced that it has extended the repayment date of its convertible loan agreement with Glennon Small Companies Ltd (GC1). The original repayment date of 31 December 2025 has been pushed back to 30 June 2026, while all other terms of the loan agreement remain unchanged. This extension provides Metgasco with additional financial flexibility as it continues to execute on its strategic priorities. The announcement was approved and authorized for release by Metgasco's Board of Directors.
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