Kolibri Global Energy Inc. Announces a 30 Percent Bank Line Increase, Russell 2000 Inclusion and Operations Update

  • THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the “Company” or “Kolibri”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce the following: CREDIT FACILITY The available borrowing base of the Company's indirect wholly owned subsidiary, Kolibri Energy US Inc., was increased from US$50 million to US$65 million on its revolving line of credit (“Credit Facility”). This was a 30% increase on the Credit Facility which is held by a bank syndicate which is led by BOK Financial (“BOKF.