Greenfields Petroleum Corp. - 2016-02-01
Description
Signed a third amending agreement extending the maturity date under the loan agreement with an arm’s length third partner. The Nov. 25, 2013, loan agreement now matures Feb. 29 instead of Dec. 31, 2015. Second extension allows Greenfields to evaluate refinancing options including negotiating the restructuring of the loan plus accrued and unpaid interest.