Lilis Energy (LLEX) Enters $50M Secured Facility – StreetInsider.com (subscription)

Lilis Energy (LLEX) Enters $50M Secured Facility
StreetInsider.com (subscription)
The Company paid a nonrefundable commitment fee to Heartland Bank in the amount of $75,000 in connection with the loan, and agreed to issue to Heartland Bank 75,000 five-year warrants at $2.50 per share, for every $1 million funded. An initial warrant

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