TomCo Energy plc announced a further extension to the repayment date for the unsecured USD 1.5 million loan from Valkor Oil & Gas LLC ("Valkor") to the Company'swholly owned subsidiary, Greenfield Energy LLC ("Greenfield")(the "Loan"),which was utilised for the acquisition of the initial 10% of the Membership Interests inTar Sands Holdings II LLC ("TSHII"), as announced on 16 November 2021. On 31 May 2022, the Company announced that the terms of the Loan had been varied in order to extend the scheduled repayment date to on or before 30 June 2022. The terms of the Loan have now been further varied in order toextend the repayment date to on or before 31 July 2022.
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