Tethys Petroleum Limited provides interim results for Q2 for the first half of 2020

27.08.20 18:17
/KASE, August 27, 2020/ – Tethys Petroleum Limited (Cayman Islands), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided press release to KASE dated August 26, 2020, which states as follows: quote Tethys Petroleum Limited (“Tethys” or the “Company”) today announced that it has filed its Interim Results for the three months ended June 30, 2020 and for the six months ended June 30, 2020. The full Interim Results together with Management's Discussion and Analysis have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at www.tethysgroup.com. Operations update Tethys has entered into a gas prepayment transaction and received approximately $7.7 million USD. Tethys has entered into a further amendment to the AGR loan agreement allowing the Company to pay $4 million by August 31st and $3 million by year end as full payment of the outstanding obligation. The Company will use part of the gas pre-payment proceeds to make the $4 million payment to AGR. The planned use of the additional proceeds has not yet been determined but is under consideration. The Company is also in the process of pursing financing options in order to help fund development plans. unquote Full version of the press release is posted on the KASE website: - https://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_260820_1.pdf – in Russian; - https://kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_270820_eng_1.pdf – in English. [2020-08-27]