Lagasco secures C$22 million term loan to purchase oil and gas assets

By Devika Patel

Knoxville, Tenn., April 11 – Lagasco Corp. has received a C$22 million senior secured term loan from Integrated Asset Management Corp., according to a press release from the investor.

Proceeds will be used to purchase a portfolio of producing oil and gas assets located in Southwestern Ontario.

The petroleum and natural gas company is based in Vancouver, B.C.

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