W E B w w w . e m p i r e o i l . c o m . a u
S T R A L I A
7 August 2014
The Manager
Company Announcements Office
Australian Securities Exchange
20 Bridge Street
SYDNEY NSW 2000Extension of Credit Facility Term
Please find attached an Empire Oil & Gas NL (ASX: EGO) ASX Announcement concerning the extension of the term of the Credit Facility provided by ERM Power Limited.
Yours faithfully Kent Quinlan Company Secretary7 August 2014
Credit Facility
Empire Oil & Gas (ASX: EGO) is pleased to advise that it has reached agreement with ERM Power for an extension of the Term of the $3 million Credit Facility provided by ERM Power. This takes the end of the term from 31 August 2014 to 30 September 2014.
Empire Chairman Tony Iannello said the extension in the term of the Credit Facility would give Empire additional time to put in place a longer-term strategy for repaying the facility.
"We appreciate ERM Power's continued support with the facility and the time it gives us to position the company for the future," Mr Iannello said.
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