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Pin to quick picksMetals Exploration Regulatory News (MTL)

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Spread: 0.30 (2.308%)
Market Cap: £393.37m
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Banking Update

29 Jun 2018 11:05

RNS Number : 0690T
Metals Exploration PLC
29 June 2018
 

29 June 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 July 2018. This waiver supersedes the previous waivers granted by the senior lenders for the December 2017 and March 2018 capital payments.

 

 

 

A quarterly Company update will be released mid July 2018.

 

 

 

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.
 
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