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Market Cap: £393.37m
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Banking Update

31 Jul 2018 08:47

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.
 
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29th Mar 20191:25 pmRNSFunding and Banking Update
15th Mar 20197:00 amRNSResignation of Nominated Adviser
12th Mar 201910:15 amRNSFunding & Banking Update-Debt Standstill Requested
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7th Mar 20199:05 amRNSSecond Price Monitoring Extn
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24th Jan 201912:09 pmRNSDirectorate Change
16th Jan 20198:36 amRNSCorporate Update
4th Jan 201910:11 amRNSShort Term Loans Update
3rd Jan 20197:14 amRNSAppointment of Darren Bowden as CEO
31st Dec 201810:15 amRNSShort Term Loans Update
6th Dec 201812:07 pmRNSDirectorate Change
22nd Nov 20187:00 amRNSWorking Capital Funding
5th Nov 201812:38 pmRNSBanking Update
2nd Nov 201810:11 amRNSOperations Update
25th Oct 20189:31 amRNSQuarterly Update to 30 September 2018

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