Oilex shifts financial tack to weather the market

ASX-list Oilex is shifting the terms of its debt facility and capital raise to save cash as it rides through the market storm.

Oilex shifts financial tack to weather the market Oilex shifts financial tack to weather the market Oilex shifts financial tack to weather the market Oilex shifts financial tack to weather the market Oilex shifts financial tack to weather the market

Debt facility and capital raise terms altered

 

Last month the UK-listed company entered into an amendment agreement to vary the terms of its loan funding facility of A$250,000 which was extended in September last year.

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