Last checked at 3 Jan 2012 09:14
Empyrean Energy PLC
("Empyrean", "EME" or the "Company"; Ticker (EME))
Extension of Convertible Loan Facility
3 January 2012
Further to the announcement of 1 December 2011 Empyrean announces that it has extended the remaining £454,000 of convertible loan notes issued under a facility with Apnea Holdings Pty Ltd ("Apnea") originally announced on 22 October 2010. The Company has agreed to extend these remaining convertible loan notes, which had not been converted to equity by their original maturity date of 31 December 2011, for a further 12 months on the same terms.
These remaining convertible loan notes will now mature on 31 December 2012.
For further information, please contact:
Contact:
Empyrean Energy Plc
Tom Kelly Tel: +618 93216988
Shore Capital & Corporate Limited
Anita Ghanekar Tel: +44 (0) 20 7408 4090
Edward Mansfield