Search
Regulatory Story
Company Metals Exploration PLC
TIDM MTL
Headline Banking Update - Replacement
Released 11:14 08-Feb-2019
Number 5196P11

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

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDBBGDDGGGBGCI
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.