DeeThree Exploration Ltd.
TSX : DTX
OTCQX : DTHRF

DeeThree Exploration Ltd.

October 09, 2012 20:47 ET

DeeThree Announces Completion of $90 Million Credit Facility

CALGARY, ALBERTA--(Marketwire - Oct. 9, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

DeeThree Exploration Ltd. ("DeeThree") (TSX:DTX) (OTCQX:DTHRF) is pleased to announce that the $90 million revolving demand credit facility (the "New Credit Facility"), announced on September 10, 2012 is now funded. The New Credit Facility is provided by a syndicate of two new lenders replacing and paying out DeeThree's previously existing revolving demand credit facility.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

We seek safe harbour.

Contact Information

  • DeeThree Exploration Ltd.
    Martin Cheyne
    President and Chief Executive Officer
    (403) 263-9130