Banking Update - Replacement

RNS Number : 5196P
Metals Exploration PLC
08 February 2019
 

8 Feb 2019

 

GENERAL TEXT AMENDEMENT

The following amendment has been made to the Banking Update released on 8 February 2019 at 10:08 under RNS No 5000P.

 

"due on 31 January 2018" should have read "due on 31 January 2019".

 

All other details remain unchanged. The full amended text is shown below.

 

 

METALS EXPLORATION PLC

 

 

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.

 

 

Banking Update

 

 

The Company announces that the Senior Lenders have agreed an extension of time until 31 March 2019 to complete the senior debt refinancing

 

The agreed extension also covers payments of capital amounts owing totalling US$ 35.64 million previously due on 31 January 2019 and the payment of any interest due on the loans until 31 March 2019. 

 

 

 

 

For further information please visit or contact www.metalsexploration.com

 

Darren Bowden

Chief Executive Officer

+57 310 230 1620

Andrew Rodgers

Chief Financial Officer

+61 412 429 856

Liam Ruddy

Company Secretary

+44 (0)7904 200857 

 

 

Nominated Advisor & Broker :     CANACCORD GENUITY LIMITED

Martin Davison, James Asensio

+44 (0)207 523 4689

 

Public Relations :     TAVISTOCK

Jos Simson, Barnaby Hayward

+44 (0)207 920 3150

 

 


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