Stampede Drilling Inc. Announces Credit Agreement Extension

CALGARY, AB, July 21, 2025 /CNW/ - Stampede Drilling Inc. ("Stampede" or the "Company") (TSXV:SDI.VN) is pleased to announce that it has entered into an amending agreement (the "First Amending Agreement") to its amended and restated credit agreement with Royal Bank of Canada and The Toronto-Dominion Bank originally made as of September 20, 2023 and amended and restated as of August 21, 2024 (as amended by the First Amending Agreement, the "Credit Agreement"), extending the term of the Credit Agreement from September 20, 2026 to September 20, 2028. Under the Credit Agreement, Stampede has an available limit of $20 million under a non-revolving term loan (the "Term Loan Facility"), $15 million under a revolving credit facility (the "Syndicated Facility") and $15 million under an additional revolving credit facility (the "Operating Facility", and collectively with the Term Loan Facility and the Syndicated Facility, the "Credit Facilities").