FND Finders Res.

 
TIDMFND 
 
For Release: 25 September 2009 
 
                      FINDERS RESOURCES LIMITED 
 
 
                    Finders Repaid Meridian Loan 
 
Finders Resources  (ASX  and AIM:  FND)  is pleased  to  advise  that 
following completion of the recent equity raising, it has repaid  the 
US$5.0 million loan and accrued interest from Meridian  International 
Capital Limited.  The loan was due to mature on 31 December 2009. 
 
Following the repayment of the  Meridian loan, the group's  remaining 
interest-bearing debt  total US$2.4  million, comprising  the  US$1.5 
million convertible note maturing 19 January 2012 and US$0.9  million 
owing pursuant to  the forward  sale and purchase  of copper  cathode 
which is expected to be repaid in the next two months. 
 
Chris Farmer, Finders Managing Director commented : "The discharge of 
this debt, and its  related security over  the company's assets  will 
greatly  simplify  ongoing   negotiations  to   secure  senior   debt 
facilities and increase  our flexibility  for financing  construction 
and development of the full scale Wetar Copper project." 
 
 
For further information please contact: 
Finders Resources Limited 
Russell Fountain                      Non-Executive 
Chairman                   +61 2 9211 8299 
Chris Farmer                          Managing 
Director                              info@findersresources.com 
Financial PR 
Doug Macdonald                    Capital Group (in 
Australia)               +61 424 255 959 
Nick Elwes                             College Hill (in the 
UK)                     +44 20 7457 2020 
RFC Corporate Finance Ltd - Nomad 
Rob Adamson                        Managing 
Director                             +61 2 9250 0000 
Stuart Laing                            Executive 
Director                             +61 8 9480 2500 
FinnCap - Finders' Broker for the AIM market 
Mathew Robinson                  Corporate Finance 
Director               +44 20 7600 1658 
Joe Lunn 
Analyst                                              +44 20 7600 1658 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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