Toronto, Ontario–(Newsfile Corp. – November 3, 2025) – CGX Energy Inc. (TSXV: OYL) (“ CGX “), announced today that its subsidiary, CGX Resources Inc. (“ CGX Resources ” or the “ Borrower “), has entered into a Senior Secured Loan Facility with Frontera Energy Corporation (TSX: FEC) (“ Frontera “), its joint venture partner in the Petroleum Prospecting Licenses for the Corentyne block offshore Guyana, through one of Frontera’s subsidiaries. The US$2.5 million loan (the “Loan” ) will enable CGX to continue to finance its share of costs related to the corporate working capital costs, and other budgeted costs.

The Loan to CGX Resources will be available for drawdown in tranches on a non-revolving basis for a period of six (6) months commencing upon the completion of the conditions p

See Full Page