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Mitchell Services announces repayment of $8.50m shareholder loan facility


Mitchell Services Limited (ASX: MSV) (the Company) is pleased to announce that it has today fully

repaid the $8.50 million in loans that were provided in 2015 from major shareholders

Washington H. Soul Pattinson and Company Limited and Mitchell Family Investments (QLD) Pty

Ltd (Shareholder Loans).



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".... We are seeing a continual increase in demand for brownfield drilling services relating to most commodities and spanning across most

geographies. We are also seeing early signs of more favourable contract terms and conditions including pricing.âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚ÂÂ

Nathan Mitchell, Chairman, Mitchell Services Drilling Ltd

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