Day: April 17, 2020

Fred Davidson, CEO of IMPACT comments, “We welcome a strategic investor group for the full allotment of this binding financing. Given these unprecedented times of uncertainty, a stronger balance sheet ensures future growth for all stakeholders as well as offer opportunities and strategic directions on new assets. I want to thank our stakeholders and team for the ongoing dedication to our operation and growth.”

“Telson is very pleased to have received the cooperation of Trafigura in the negotiations to finalize the Letter Agreement thereby obtaining Trafigura’s waiver to a default under the Loan Agreements”, stated Ralph Shearing, Telson’s President & CEO.