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NG ENERGY ANNOUNCES CLOSING OF FINANCING AGREEMENT OF UP TO US$100 MILLION WITH MACQUARIE GROUP WITH AN INITIAL ADVANCE OF US$40 MILLION

Newswire.ca - Mon Mar 25, 7:16AM CDT

TORONTO, March 25, 2024 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that further to the Company's press release dated February 8, 2024, it has obtained financing under the credit and guarantee agreement (the "Credit Agreement") with Macquarie Group ("Macquarie") for a financing of up to US$100 million of which US$50 million is committed funding (the "Financing").

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