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UPDATE REGARDING PROPOSED TRANSACTION WITH TIDEWATER RENEWABLES LTD.

Newswire.ca - Fri Aug 30, 1:40PM CDT

(TSX: TWM)

CALGARY, AB, Aug. 30, 2024 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that Tidewater Renewables Ltd. ("Tidewater Renewables") has announced, with the support of its debt capital providers, an interim extension of the maturity of its $175 million first lien senior credit facility, and its $25 million of additional debt capacity under the second lien term debt facility, from August 30, 2024, to September 18, 2024.

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