Gran Tierra announces new credit facility

Gran Tierra Energy announced it has secured a credit facility of up to $500 million with a current borrowing base of $200 million through its wholly owned subsidiary Gran Tierra Energy International Holdings. It was negotiated with a syndicate of lenders led by Scotiabank as administrative agent and Scotiabank and Société Générale as joint lead arrangers and joint book-runners. Read More »

Funding a major hurdle for Latin American animated filmmakers

The Latin American animated film industry has managed several successes by joining forces, but it still works hard to overcome hurdles, an animated film producer told Latin Business Daily. Milton Guerrero, who produced the 3D animated film A Mouse Tale, said that obtaining funds is perhaps the biggest challenge in Latin America  since animated films are still a niche product. Read More »

NXT provides final update on Bolivia survey project

Canada-based NXT Energy Solutions Inc. recently gave an update on its SFD survey project in Bolivia with Yacimientos Petroliferos Fiscales Bolivianos (YPFB), Bolivia's national oil company. Data acquisition operations of SFD began June 8 and were recently completed. The survey aircraft and crew employed by the company have returned to Canada, and a final report is expected soon. Read More »

Puerto Rico Investment Summit to be held in February

Puerto Rico Investment Summit 2016, an exclusive event where more than 500 foreign investors, tax lawyers and entrepreneurs can learn about the competitive advantages offered by the island, will be held at the San Juan Convention Center Feb. 11-12. The program will present Acts 20 and 22 on tax incentives, new private equity laws, other incentives and competitive advantages. Read More »