The American Energy Group, Ltd. announced that it has entered into a loan transaction with an individual investor for the borrowing of $200,000. The current loan, which is unsecured, provides for an interest rate of 5.0% per annum and a 3-year maturity date. The proceeds of the loan transaction will be used for general and administrative operating capital, including accounting expenses.
The American Energy Group, Ltd.
Equities
AEGG
US0256362007
Oil & Gas Exploration and Production
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+5.31% | 55.88B | |
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