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    SBX secures extension for bank loans

    Company News // March 21, 2011

    SeaBird Exploration PLC says it received a response on 15 March 2011 from BN Bank concerning the approval by BN Bank as agent for a bank consortium of a two year extension of the maturity of the SeaBird's US$42.2 million loan.

    SeaBird asked for a trading halt on 16 March 2011 to clarify the content of the response from BN Bank.

     

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