Eurogas International Inc. Announces Repurchase of Debt

TORONTO, Oct. 08, 2021 (GLOBE NEWSWIRE) — Eurogas International Inc. (CSE: EI) (the “Corporation”), in furtherance of its restructuring efforts, today announced that it has repurchased – from Dundee Corporation – debt in the amount of C$6,668,191.19 for nominal consideration. This debt will be cancelled thereby improving the Corporation’s working capital. In order to be successful, this restructuring will require the purchase and/or cancellation of additional debt, if possible.  

Eurogas International Inc. is an independent oil and gas exploration company listed on the Canadian Securities Exchange ( under the symbol EI.

All documentation in respect of the Corporation may be viewed under the Corporation’s profile on SEDAR ( or under the Corporation’s website at

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