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Quotes & Info
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| FXEN > SEC Filings for FXEN > Form 8-K on 10-Oct-2008 | All Recent SEC Filings |
10-Oct-2008
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance She
FX Energy, Inc. has taken steps to improve its already liquid balance sheet. The Company has drawn an additional $14 million under its Senior Credit Facility (the Facility) through the Royal Bank of Scotland (RBS). Including previous cash on hand, the $5 million drawn and announced previously, and this new funding, the Company now has approximately $24 million in liquid assets. The most recent draw brings the total amount outstanding with RBS to $25 million, the total amount currently available under the Facility. For the short-term, the proceeds will be invested in U.S. treasury bills.
The following is filed as an exhibit to this report:
Exhibit
Number Title of Document Location
99 Miscellaneous
99.01 Press release dated October 10, 2008 Attached
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