FEC Receives Further Extension for Loan Repayment
FEC Resources Inc. (OTC Pink: FECOF) has received an extension for repayment of a loan from PXP Energy The loan, consisting of $738,206 principal and approximately $88,443 in accrued interest, was originally due on September 30, 2024. Following a request from PXP for a repayment plan, FEC successfully negotiated an extension of the due date to December 31, 2024. All other terms of the loan remain unchanged. This extension provides FEC with additional time to address its financial obligations.
FEC Resources Inc. (OTC Pink: FECOF) ha ricevuto un termine esteso per la restituzione di un prestito da PXP Energy. Il prestito, composto da 738.206 dollari di capitale e circa 88.443 dollari di interessi maturati, era inizialmente in scadenza il 30 settembre 2024. A seguito di una richiesta di PXP per un piano di rimborso, FEC ha negoziato con successo un prolungamento della data di scadenza al 31 dicembre 2024. Tutti gli altri termini del prestito restano invariati. Questa estensione offre a FEC ulteriore tempo per affrontare i propri obblighi finanziari.
FEC Resources Inc. (OTC Pink: FECOF) ha recibido una pr贸rroga para el reembolso de un pr茅stamo de PXP Energy. El pr茅stamo, que consiste en 738,206 d贸lares de capital y aproximadamente 88,443 d贸lares en intereses acumulados, venc铆a originalmente el 30 de septiembre de 2024. Tras una solicitud de PXP para un plan de reembolso, FEC logr贸 negociar una pr贸rroga de la fecha de vencimiento hasta el 31 de diciembre de 2024. Todos los dem谩s t茅rminos del pr茅stamo se mantienen sin cambios. Esta pr贸rroga proporciona a FEC tiempo adicional para abordar sus obligaciones financieras.
FEC 毽唽鞀� Inc. (OTC Pink: FECOF)臧� PXP 鞐愲剤歆�搿滊秬韯� 雽�於滌棎 雽�頃� 靸來櫂 鞐办灔鞚� 氚涭晿鞀惦媹雼�. 鞚� 雽�於滌潃 738,206 雼煬鞚� 鞗愱笀瓿� 鞎� 88,443 雼煬鞚� 雸勳爜 鞚挫瀽搿� 甑劚霅橂┌, 鞗愲灅 2024雲� 9鞗� 30鞚检棎 毵岆霅� 鞓堨爼鞚挫棃鞀惦媹雼�. PXP鞚� 靸來櫂 瓿勴殟 鞖旍箔鞐� 霐半澕, FEC電� 毵堦皭鞚检潉 2024雲� 12鞗� 31鞚茧 鞐办灔頃橂姅 雿� 靹标车鞝侅溂搿� 順戩儊頄堨姷雼堧嫟. 雽�於滌潣 雼るジ 氇摖 臁瓣贝鞚� 氤�瓴诫悩歆� 鞎婌姷雼堧嫟. 鞚� 鞐办灔鞚� FEC臧� 鞛爼鞝� 鞚橂毳� 觳橂Μ頃� 於旉皜 鞁滉皠鞚� 鞝滉车頃╇媹雼�.
FEC Resources Inc. (OTC Pink: FECOF) a re莽u une prolongation pour le remboursement d'un pr锚t de PXP Energy. Le pr锚t, compos茅 de 738.206 dollars principaux et d'environ 88.443 dollars d'int茅r锚ts courus, devait initialement 锚tre rembours茅 le 30 septembre 2024. Suite 脿 une demande de PXP pour un plan de remboursement, FEC a r茅ussi 脿 n茅gocier une prolongation de la date d'茅ch茅ance au 31 d茅cembre 2024. Tous les autres termes du pr锚t demeurent inchang茅s. Cette prolongation offre 脿 FEC un temps suppl茅mentaire pour faire face 脿 ses obligations financi猫res.
FEC Resources Inc. (OTC Pink: FECOF) hat eine Fristverl盲ngerung f眉r die R眉ckzahlung eines Kredits von PXP Energy erhalten. Der Kredit, bestehend aus 738.206 Dollar Kapital und etwa 88.443 Dollar aufgelaufenen Zinsen, war urspr眉nglich am 30. September 2024 f盲llig. Nach einer Anfrage von PXP f眉r einen R眉ckzahlungsplan hat FEC erfolgreich eine Fristverl盲ngerung bis zum 31. Dezember 2024 ausgehandelt. Alle anderen Bedingungen des Kredits bleiben unver盲ndert. Diese Verl盲ngerung bietet FEC zus盲tzliche Zeit, um ihren finanziellen Verpflichtungen nachzukommen.
- Successful negotiation of loan repayment extension
- Additional three months to manage financial obligations
- No changes to other loan terms, maintaining stability
- Substantial loan of $738,206 plus $88,443 in interest due
- Need for repayment plan suggests potential cash flow issues
- Short-term extension may indicate ongoing financial challenges
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") received a request for a repayment plan from PXP Energy Corporation ("PXP") with respect to the
The Company is pleased to report that it requested and received an extension of the repayment due date from September 30, 2024 to December 31, 2024, with all other terms of the loan remaining the same.
On behalf of the Board of,
FEC Resources Inc.
Daniel Carlos
Director and Chief Executive Officer
For more information please e-mail [email protected] or visit the FEC Resources website at .
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FAQ
What is the new repayment date for FEC Resources' loan from PXP Energy ?
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