PetroFrontier Corp. announced that it has successfully extended a total $6,353,000 of its principal debt obligations for a period of two additional years. The debt obligations included a debenture that matured on August 31, 2022 and previous credit facilities which matured on August 31, 2022, April 30, 2022 and October 31, 2022.

The agreements extend the repayment dates to March 31, 2025 and include that interest will be payable at a rate of 8% per annum and will be secured by general security agreements.