Calgary, AB – TheNewswire – December 23, 2022 – Whitemud Resources Inc. (“Whitemud” or the “Company”) (TSXV:WMK) announces that Kasten Energy Inc. (“Kasten”) has called for repayment, by December 30, 2022, of a loan in the amount of $1,139,561. Whitemud is reviewing its legal obligations with respect to the loan.
About Whitemud Resources Inc.
Whitemud is a Canadian-based corporation holding mineral rights to exploit a large kaolin deposit in southern Saskatchewan, together with a processing facility located on the property. Whitemud’s product, Whitemud (MK) is a cement-grade metakaolin that enhances the performance of cement for oil and gas wells and construction applications. The Company uses a process that minimizes environmental impact.
Midstream Energy Partners, a division of Whitemud Resources Inc. formed in 2015, engages in the business of commodity marketing and logistics.
For further information, please contact:
Whitemud Resources Inc.
General Inquiries
Suite 900, 332 – 6th Avenue SW
Calgary, Alberta T2P 0B2
Attention: David Koplovich: [email protected]
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