Vital energy inc. announces new $10 million credit facility

Calgary, alberta, dec. 05, 2023 (globe newswire) -- vital energy inc. (the "corporation") (tsx-v: vux) announces that it has entered into a loan agreement, effective december 4, 2023, with a company controlled by mr. hai zhou, a director and control person of ‎the corporation, for a $10,000,000 credit facility (the “credit facility”). ‎the credit facility matures on december 4, 2024 and ‎funds advanced bear interest at a rate of 12% per annum, payable on the maturity date. ‎
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