Petrus Announces Closing of Refinancing of Credit Facilities

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May 30, 2022

CALGARY, Alberta, May 30, 2022 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that it has closed the credit refinancing transactions previously announced on May 5, 2022. The Company has entered into agreements with new lenders to the Company which provide two new credit facilities (the “New Credit Facilities”) totaling up to $55 million.