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SAExploration wins $24.4M in tax credit certificates from Alaska

Oct. 24, 2016 5:52 PM ETSAExploration Holdings, Inc. (SAEX) StockBy: Carl Surran, SA News Editor8 Comments
  • SAExploration (OTC:SAEX) +44.6% AH on news it received $24.4M of tax credit certificates from Alaska's Department of Revenue.
  • SAE says it has been granted access to the remaining $15M of funding available under its senior loan facility as a result of receiving the tax credit certificates.
  • SAE now expects to receive an additional $60.5M of tax credit certificates from Alaska over the next year.

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