update30 Nov 2017 08:54
Cradle Arc, the African focused base and precious metals exploration and production company, announces that further to the Company�s announcement of 14 November 2017 regarding, inter alia, the Revised ZCI Debt Restructuring in respect of its Mowana Copper Mine in Botswana, as set out in the circular dated 27 October 2017, the liquidator, Leboam and ZCI have agreed to further extend the longstop date to 22 December 2017 in order to finalise the legal documentation in respect of the revised debt restructuring.
The Company continues to progress its preparations for the Company�s ordinary shares to be admitted to trading on AIM and a further announcement will be made as and when appropriate.
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