PetroFrontier Corp. Announces Proposed Financing

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Oct 10, 2019
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CALGARY, AB / ACCESSWIRE / October 10, 2019 / PetroFrontier Corp. ("PetroFrontier") (TSXV:PFC) is pleased to announce that it has entered into a letter of intent and related term sheet with an arm's-length third party funder whereby the third party funder and its affiliates (collectively, the "Funder") will provide funding to allow PetroFrontier to further develop its interests in the Cold Lake and Wabasca areas of Alberta (the "Proposed Funding Transaction"). Pursuant to the term sheet, the Proposed Funding Transaction will proceed as follows: