ShaMaran Announces Interest Payment
VANCOUVER, July 2, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) provides the following announcement to stakeholders in connection with the Company’s news release dated July 1, 2020 and regarding the Bondholders of the Company’s 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6). ShaMaran is pleased to announce that the July 2020 interest payment has been made to all Bondholders from the Company’s Debt Service Retention Account following a full drawdown of the Liquidity Guarantee issued by Nemesia S.á.r.l. in