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Bengal Energy Ltd. Enters into Loan with Texada Capital Management Ltd. to Fund ERC Bonding Requirements

Newswire.ca - Mon Apr 6, 8:14PM CDT

CALGARY, AB, April 6, 2026 /CNW/ - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that it has entered into a promissory note with Texada Capital Management Ltd. ("Texada"), a company controlled by W. B. (Bill) Wheeler, pursuant to which Texada has agreed to advance Cdn$1,145,000 (the "Texada Loan") to the Company. Mr. Wheeler is a director of Bengal and owns or controls (directly or indirectly) 398,679,364 common shares of Bengal, being approximately 82.2% of the issued and outstanding Common Shares. 

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