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BRIEF-Savanna provides update to AIMCo financing

Nov 28 Savanna Energy Services Corp

* Savanna provides update to AIMCo financing

* Savanna Energy says Alberta Investment Management Corp (AIMCo) has advised it that AIMCo does not intend to consent to a change of control of Savanna

* Savanna Energy Services says corp, AIMCo agreed to fix exercise price of 7 million share purchase warrants to be issued to AIMCo on initial draw under term loan at $2.50

* Savanna Energy says corp, AIMCo agreed to fix exercise price of 7 million common share warrants to be issued to aimco on initial draw under term loan at $2.50

* Savanna Energy says AIMCo has advised Savanna that it remains supportive of Savanna, fully committed to completing previous financings Source text for Eikon: Further company coverage:

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