Inactive Instrument

Freedom Oil and Gas Ltd Australian S.E.

Equities

FDM

AU000000FDM1

Freedom Oil and Gas Ltd announced that it expects to receive $30 million in funding from Ramas Capital Management, LLC

January 27, 2020

Freedom Oil and Gas Ltd (ASX:FDM) announced that it has entered into loan note subscription agreement with an affiliate of Ramas Capital Management, LLC for gross proceeds of $30,000,000 on January 27, 2020. The notes carry an interest rate of 12% per annum effective March 31, 2020. The notes are not convertible. The company will receive funding in two tranches with first tranche on January 30, 2020 for $14,000,000 and second tranche on February 14, 2020 for $16,000,000.

Latest news about Freedom Oil and Gas Ltd

Freedom Oil and Gas Ltd Announces Management Changes	14/19/14	CI
Freedom Announces Management Changes	03/17/03	CI
Maverick Drilling & Exploration Limited Announces Audited Consolidated Earnings Results for the Twelve Months Ended December 31, 2015	29/16/29	CI
Maverick In Talks For Acreage	14/16/14	CI
Maverick Drilling Seeks Acquisitions	18/15/18	CI
Maverick Drilling & Exploration Limited(ASX:MAD) dropped from S&P/ASX Emerging Companies Index	21/15/21	CI
Maverick Drilling & Exploration Limited Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015	26/15/26	CI
Maverick Drilling & Exploration Limited(ASX:MAD) dropped from S&P/ASX All Ordinaries Index	23/15/23	CI
Maverick Drilling Mulls Acquisitions	03/15/03	CI
Maverick Drilling & Exploration Limited Appoints Nigel H. Smith to its Board of Directors, Effective March 2, 2015	02/15/02	CI
Maverick Drilling & Exploration Limited Announces Consolidated Financial Results for the Six Months Ended December 31, 2014	27/15/27	CI
Maverick Drilling & Exploration Limited(ASX:MAD) dropped from S&P/ASX Small Ordinaries Index	22/14/22	CI
Maverick Drilling & Exploration Limited(ASX:MAD) dropped from S&P/ASX 300 Index	22/14/22	CI
Maverick Drilling & Exploration Limited Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2014	28/14/28	CI
Maverick Drilling & Exploration Limited Announces Retirement of Don Henrich from Board of Directors	03/14/03	CI
Maverick Drilling & Exploration Limited Announces Consolidated Financial Results for the Six Months Ended December 31, 2013	28/14/28	CI
Maverick Drilling & Exploration Limited Appoints Howard Selzer as CFO, Effective March 5, 2014	27/14/27	CI
Maverick Drilling & Exploration Limited Reports Capital Expenditure and Production Results for the Quarter Ended December 2013	28/14/28	CI
Maverick Drilling & Exploration Limited to Form Joint Venture with Gulf South Holding, Inc	26/13/26	CI
Maverick Drilling & Exploration Limited Announces Cessation of Bradley Simmons as Director	18/13/18	CI
Maverick Drilling & Exploration Limited Announces Executive Changes	14/13/14	CI
Maverick Drilling & Exploration Limited Announces Audited Consolidated Earnings and Production Results for the Year Ended June 30, 2013	28/13/28	CI
Maverick Drilling & Exploration Limited(ASX:MAD) dropped from S&P/ASX 200 Index	24/13/24	CI
Maverick Drilling & Exploration Limited(ASX:MAD) dropped from S&P/ASX 200 Energy Sector Index	24/13/24	CI
Maverick Drilling & Exploration Limited Announces Consolidated Earnings and Production Results for the Six Months Ended December 31, 2012	27/13/27	CI

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Company Profile

Freedom Oil & Gas Ltd., formerly Maverick Drilling & Exploration Limited, is a development-stage company. The Company is focused on oil and gas exploration and production. The Company is engaged in evaluating the acquisition of producing assets and undeveloped acreage. The Company is involved in the development of undeveloped acreage in the United States unconventional shale plays. Its assets include approximately 7,700 acres of undeveloped land in the heart of the Eagle Ford shale play in South Texas.

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