GA Drilling has signed a loan agreement with the Slovak Guarantee and Development Bank in the amount of €1 million by the end of February.

We used funds from the loan to co-finance specific infrastructure for onshore testing to complete the high pressure well testing facility. Terms of use are bringing financially effective funds with deferred payment option starting from 2020.
Slovak Guarantee and Development Bank is owned by the Ministry of Finance of the Slovak Republic. Its activities support the needs of SMEs.