Hong Kong, August 15, 2018 -Primeline Energy Holdings Inc. (`Primeline` or the `Company`), listed on the TSX Venture Exchange Inc. (the `TSX-V`) under the trading symbol `PEH`, announced today that, through the support of its Chairman and major shareholder, it has repaid its outstanding US$ 10 million principal amount Tranche A Bonds (the `Tranche ABonds`) issued to GRF Prime Limited (`GRF Prime`), in accordance with their terms, on August 14, 2018. GRF Prime is a private equity fund managed by GEMS Investment Management Services Limited, a Hong Kong based manager of private equity funds (`GEMS`) The Tranche A Bonds were due for repayment on August 14, 2018 and the redemption amount due,...
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