ShaMaran’s USD 20 Million Note Prepaid in Full
October 3, 2022, VANCOUVER, BC /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (SNM: TSXV and Nasdaq First North Growth Market (Sweden)) is pleased to announce that the Company has prepaid in full (together with applicable interest) the Convertible Loan Note issued to an affiliate of TotalEnergies SE in connection with the closing of the Sarsang acquisition announced September 14, 2022. The total consideration of USD 155 million has now been fully paid by the Company for the acquisition and only a contingent payment of USD 15 million remains to be payable in the future upon (