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Stock Market & Financial Investment News

News Breaks
December 30, 2013
16:23 EDTROYLRoyale Energy purchases commercial property in San Diego
In a filing Royale Energy disclosed that on December 24, Royale Energy entered into an agreement between the company, as buyer, and North Island Financial Credit Union as seller, for the purchase of commercial property in San Diego, California, for a purchase price of $2,000,000, of which $500,000 was paid in cash on the date of purchase, and $1,500,000 was borrowed from an unaffiliated financial institution pursuant to a note secured by the property being purchased.
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