|Bid||0.1550 x 0|
|Ask||0.1600 x 0|
|Day's Range||0.1600 - 0.1600|
|52 Week Range||0.0850 - 1.9200|
|Beta (5Y Monthly)||5.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 29, 2020|
|Forward Dividend & Yield||0.15 (30.30%)|
|Ex-Dividend Date||Jan 22, 2020|
|1y Target Est||0.60|
Razor Energy Corp. ("Razor" or the "Company") (RZE.V) is announcing that it will be deferring the scheduled June 30, 2020 interest payment to the Alberta Investment Management Corporation (“AIMCo”) under the existing $45.0 million Term Loan Facility (the “Amended Term Loan Facility”). The interest will be capitalized, adding to the principal of the existing Amended Term Loan Facility. The Amended Term Loan Facility matures on January 31, 2021 and bears an interest rate of 10% per annum.
Razor Energy Corp. (“Razor” or the “Company”) (RZE.V) announces its first quarter 2020 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended March 31, 2020 which are available on SEDAR at www.sedar.com and the Company’s website www.razor-energy.com. Production volumes in the first quarter of 2020 averaged 4,195 boe/d, down 4% from the production volumes in the same period of 2019, impacted by non-operated production interruptions in the Swan Hills and Simonette areas.
CALGARY, Alberta, April 29, 2020 -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to announce its fourth quarter and year end 2019.