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Foraco announces the termination of the Investor Rights Agreement

Newswire.ca - Wed Mar 6, 6:55AM CST

TORONTO and MARSEILLE, France, March 6, 2024 /CNW/ - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), a leading global provider of mineral and water drilling services, today announced the termination of the Investor Rights Agreement dated July 7, 2021 among the Company, Oaktree Capital Management, L.P. ("Oaktree"), Kartesia Securities IV S.A ("Kartesia"), Jean-Pierre Charmensat, Daniel Simoncini, and the holding companies of Daniel Simoncini and Jean-Pierre Charmensat (the "Investor Rights Agreement").

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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