Bri-Chem Closes Extension on Its Senior Banking Facility #Energy #Oil #OilAndGas #OTC #OTCMarkets #OTCStocks #TSX #Investing

Edmonton, Alberta--(Newsfile Corp. - October 9, 2024) - Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to announce that it has entered into an agreement with the Canadian Imperial Bank of Commerce ("CIBC") to renew its senior credit facilities ("ABL Facility") with a borrowing base of $37.5 million. The ABL facility is now committed until April 30, 2026.The ABL Facility bears interest...


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