Feb 27 (Reuters) - Pilot Energy Ltd (PGY) :
- PGY EXPECTS TO CONTINUE TO HAVE NEGATIVE OPERATING CASH FLOWS FOR NEXT QUARTER
- COMPANY HAS ADEQUATE CASH BALANCES TO MEET ITS COMMITMENTS FOR FEBRUARY AND MARCH 2019
- COMPANY HAS ADEQUATE CASH BALANCES TO MEET ITS COMMITMENTS FOR FEBRUARY AND MARCH 2019
- COMPANY IS PLANNING TO CARRY OUT ADDITIONAL CAPITAL RAISING IN MARCH/APRIL 2019 TO ENSURE SUFFICIENT FUNDS FOR 2019
- PGY EXPECTS TO BE ABLE TO CONTINUE ITS OPERATIONS AND TO MEET ITS BUSINESS OBJECTIVES
- PGY HAS ALREADY MADE MOVES TO MINIMISE ITS CASH OUTFLOW BY CURTAILING NON-ESSENTIAL ACTIVITIES
- PGY IS IN DISCUSSIONS WITH A POTENTIAL INVESTOR REGARDING PROVISION OF ADDITIONAL FUNDING TO SUPPORT ONGOING OPERATIONS OF COMPANY
Source text: http://bit.ly/2GM0sQr
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News: PGY Pilot Energy Says Co Expects To Continue To Have Negative Operating Cash Flows For Next...
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