February 7, 2018 / 9:52 AM / in 8 months

BRIEF-Toscana Energy Announces Sale of Non-Core Properties

Feb 7 (Reuters) - Toscana Energy Income Corp:

* DEAL FOR ‍TOTAL CASH CONSIDERATION OF $4.75 MILLION SUBJECT TO NORMAL INDUSTRY CONDITIONS​

* ‍FOLLOWING CLOSING , CORPORATION IS EXPECTED HAVE APPROXIMATELY $10 MILLION AVAILABLE ON ITS CREDIT FACILITIES​

* TOSCANA ENERGY- ENTERED PURCHASE AND SALE AGREEMENT TO SELL A PORTION OF ITS NON-CORE, NON-OPERATED NATURAL GAS WEIGHTED ASSETS IN WEST CENTRAL ALBERTA​ Source text for Eikon: Further company coverage: ( Bangalore.newsroom@thomsonreuters.com )

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