
Interest on outstanding principal shall be charged to Shoal Point at the rate of five percent (5%) per annum compounded semi-annually. Shoal Point has granted a registrable first ranking security interest in all of its personal and after acquired personal property as security for the Loan. About Shoal Point Energy Ltd.
Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol "SHP". The company is suing the government of Newfoundland and Labrador substantial damages for "de facto expropriation" or "constructive taking" of its rights to develop its oil and gas interests in western Newfoundland.
The claim document is on our website at: For further information, please contact: Mr. Mark Jarvis, Chief Executive Officer Tel - 604-681-2300 The Canadian Securities Exchange (CSE) has neither approved nor disapproved the contents of this news release. To view the source version of this press release, please visit SOURCE: Shoal Point Energy Ltd.
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