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Pin to quick picksMetals Exploration Regulatory News (MTL)

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13.15    0.00 (0.00%)
Bid:
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Spread: 0.30 (2.308%)
Market Cap: £393.37m
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Banking Update

5 Nov 2018 12:38

RNS Number : 3717G
Metals Exploration PLC
05 November 2018
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5 November 2018

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METALS EXPLORATION PLC

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Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.

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Banking Update

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The Company advises that it has received consent from its Senior Lenders to a waiver for the payment of capital amounts owing totalling US $35.64million until 31 January 2019. This covers capital payments which were due in each of the quarters ending 31 December 2017, 31 March 2018, 30 June 2018, 30 September 2018 and 31 December 2018.

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The waiver contains a commitment from the Company to complete the restructuring of the senior debt facility of US $63.8million by 31 January 2019 and work is currently underway to achieve this objective.

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For further information please visit or contact www.metalsexploration.com

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Metals Exploration PLC info@metalsexploration.com

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Ian R. Holzberger +63 (0) 9189 795 992

(Chairman) +61 (0) 418 886 165

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Liam A. Ruddy +44 (0) 7904 200857

(Company Secretary) +63 (0) 918 979 2931

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Andrew Rodgers +61 (0) 412 429 856

(Chief Financial Officer)

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Nominated Adviser and Broker - CANACCORD GENUITY LIMITED

Martin Davison, James Asensio +44 (0) 207 523 4689

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Public Relations - TAVISTOCK COMUNICATIONS

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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Date   Source Headline
9th Oct 20182:08 pmRNSBanking and Operational Update
28th Sep 20187:16 amRNSInterim Results
17th Sep 20188:26 amRNSTyphoon Mangkhut
29th Aug 201810:37 amRNSBanking Update
31st Jul 20188:47 amRNSBanking Update
25th Jul 20187:00 amRNSWorking Capital Funding
23rd Jul 201810:15 amRNSQuarterly Update To 30 June 2018
5th Jul 20189:19 amRNSOperations Update
29th Jun 201811:05 amRNSBanking Update
19th Jun 20183:20 pmRNSResult of AGM
24th May 20187:00 amRNSFinal Results For The Year Ended 31 December 2017
18th May 20187:00 amRNSAnnual General Meeting Announcement
10th May 20181:15 pmRNSDirectorate Change
20th Apr 20187:00 amRNSQuarterly Update To 31 March 2018
16th Apr 20187:25 amRNSDIRECTOR/PDMR SHAREHOLDING
9th Apr 20186:10 pmRNSDIRECTOR/PDMR SHAREHOLDING
29th Mar 20187:00 amRNSStandby Funding
23rd Jan 20187:00 amRNSQuarterly Update To 31 December 2017
28th Dec 20177:00 amRNSRunruno Scheduled Capital & Interest Payment
13th Dec 20177:00 amRNSRunruno Project Update to 12 December
19th Oct 20177:00 amRNSQuarterly Update To 30 September 2017
2nd Oct 20178:33 amRNSUS$21m Mezzanine Facility Documentation Completed
29th Sep 201711:45 amRNSInterim Results
29th Sep 201711:45 amRNSMezzanine Debt Facility
19th Sep 20177:00 amRNSOperations and Mezzanine Debt Facility Update
26th Jul 20177:00 amRNSQuarterly Update To 30 June 2017
30th Jun 20177:00 amRNSShort Term Funding Secured
15th Jun 201712:36 pmRNSResults of AGM
31st May 20177:00 amRNSFunding Update
24th May 20178:40 amRNSFunding
22nd May 20177:00 amRNSFinal Results For The Year Ended 31 December 2016
18th May 20177:00 amRNSAnnual General Meeting Announcement
24th Apr 201710:15 amRNSQuarterly Update To 31 March 2017
10th Apr 20178:28 amRNSDirector Resignation
15th Mar 20177:00 amRNSRunruno Gold project Update
18th Jan 201710:00 amRNSAppointment of Nominated Adviser and Broker
13th Jan 201711:14 amRNSDirector's Share Dealing
12th Jan 20171:50 pmRNSHolding(s) in Company
10th Jan 20179:50 amRNSDirector/PDMR Shareholding
19th Dec 201610:48 amRNSRescheduled Facility Agreement
8th Dec 20168:12 amRNSHolding(s) in Company
29th Nov 20167:33 amRNSFirst Gold Sale, Debt Rescheduling, Ramp Up
14th Nov 20167:00 amRNSEquity Raising
4th Oct 20163:04 pmRNSResults of General Meeting of Shareholders
30th Sep 20169:03 amRNSInterim Results
15th Sep 20161:52 pmRNSHolding(s) in Company
14th Sep 201611:19 amRNSNotice of General Meeting
8th Sep 20169:54 amRNSEquity Raising
26th Aug 201611:38 amRNSRunruno Gold Project Update
25th Jul 20162:37 pmRNSEquity Raising

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