Cordy Oilfield Services Inc.
TSX VENTURE : CKK

Cordy Oilfield Services Inc.

October 31, 2013 09:23 ET

Cordy Announces Amendment to Credit Facility

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2013) - Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) announces that it has amended certain terms of its existing credit facility (the "Facility") with its senior lender to extend the term of the Facility until the earlier of: (i) November 30, 2013; (ii) the release date of the next quarterly financial statements of Cordy; or (iii) on the demand of the lender of the Facility. This extension will allow Cordy to continue its ongoing negotiations with a chartered bank for a new senior credit facility on such terms and in such amount to align with Cordy's long term requirements.

Additional information on Cordy is available on our website www.cordy.ca or on SEDAR at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • For general or investor relations information:
    Cordy Oilfield Services Inc.
    David Mullen, Chairman and CEO
    (403) 266-2067
    (403) 266-2087 (FAX)
    dmullen@cordy.ca
    www.cordy.ca