Metals Exploration PLC Banking Update (2859W)
31 July 2018 - 5:47PM
UK Regulatory
TIDMMTL
RNS Number : 2859W
Metals Exploration PLC
31 July 2018
31 July 2018
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's senior lenders (the Hong Kong & Shanghai
Banking Corporation Limited and BNP Paribas) have provided consent
to a waiver request to defer the December 2017, March 2018 and June
2018 capital payment amounts totalling US $20.25 million, until 31
August 2018. This waiver supersedes the previous waivers granted by
the senior lenders for the December 2017, March 2018 and June 2018
capital payments.
For further information please visit or contact
www.metalsexploration.com
Ian R. Holzberger (Executive Chairman) +63 (0) 9189 795 992
+61 (0) 418 886 165
Liam A. Ruddy (Company Secretary) +63 (0) 918 979 2931
+44 (0) 7911 719 960
Andrew Rodgers (Chief Financial Officer) +61 412 429 856
Nominated Adviser and Broker: CANACCORD GENUITY LIMITED
Martin Davison, James Asensio +44 (0) 207 523 4689
Public Relations: TAVISTOCK
Barnaby Hayward, Jos Simson +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
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