ClearStream completes Refinancing of Credit Facility

CALGARY, Alberta, April 14, 2022 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX:CSM.TO) today announced that it has completed the refinancing of its asset-based revolving credit facility (the “Refinancing”). ClearStream established a new $25 million asset-based revolving credit facility with a three-year term (the “ABL Facility”) to replace its existing $15 million asset-based revolving credit facility that was to mature on April 14, 2022 (the “Former ABL Facility”).