//Invicta Energy
Invicta Energy 2015-05-07T18:47:24+00:00

Project Description

Invicta Energy Corp. is a publically traded oil & gas company. Tallinn Capital’s initial bridge loan was used to assist in the develpment of its oil producing properties in Saskatchewan. By utilizing Tallinn’s capital instead of issuing common shares to pay for its development program, Invicta avoided equity dilution. Tallinn’s loan facility had built-in flexibility that permitted Invicta to utilize further advances to fund its growth program. Invicta repaid the bridge loan from an increased senior bank loan.

Project Details