Esrey Announces Debt Settlement and Withdrawal from Poland


VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 1, 2015) – Esrey Energy Ltd. (“Esrey” or the “Company”) (TSX VENTURE:EEL) is pleased to announce that it has entered into a debt settlement agreement to settle in full the matured non-revolving credit facilities owed by the Corporation’s subsidiary, Kaynes Capital S.a.r.l. (“Kaynes”), to an arm’s length creditor (the “Creditor”). At maturity Kaynes owed US$3,377,776 under the credit facilities.

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