Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMetals Exploration Regulatory News (MTL)

Share Price Information for Metals Exploration (MTL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.30
Bid: 4.20
Ask: 4.40
Change: -0.05 (-1.15%)
Spread: 0.20 (4.762%)
Open: 4.35
High: 4.35
Low: 4.30
Prev. Close: 4.35
MTL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Funding

24 May 2017 08:40

RNS Number : 0826G
Metals Exploration PLC
24 May 2017
 

24 May 2017

 

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.

 

 

Funding

 

The Company has previously announced that is in discussions with a mezzanine debt provider for the provision of a working capital facility. Those discussions are ongoing and it remains the Company's expectation that such a facility will be in place prior to 30 June 2017.

 

To assist the Group in managing its working capital requirements pending implementation of the mezzanine debt facility, and required to meet a US $2.0 million principal repayment to its senior lenders on 31 May 2017, the Company has approached its two major shareholders, MTL (Luxembourg) Sarl Ltd and Runruno Holdings Limited, who have agreed in principle to provide a US $2.0 million short term loan to the Company. The shareholders will provide funding on a prorata basis to their shareholding in the Company and subject to agreeing terms of contract.

 

The Company will continue to update the market as the discussions in relation to the above transactions progress.

 

 

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

Nominated Adviser and Broker: CANACCORD GENUITY LIMITED

Martin Davison, Joseph Dorey, 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 company news service from the London Stock Exchange
 
END
 
 
MSCDZLBLDEFXBBV
Date   Source Headline
27th Mar 20247:00 amRNSUpdate on Debt Facilities
18th Mar 20247:00 amRNSAppointment of Chairman
5th Feb 202412:01 pmRNSInvestor Presentation
24th Jan 20247:00 amRNSQuarterly Update to 31 December 2023
12th Jan 20247:00 amRNSAcquisition of Prospective Philippine Exploration
14th Dec 20232:00 pmRNSExercise of Options and Total Voting Rights
11th Dec 20237:00 amRNSReceipt of Awards
1st Dec 20237:00 amRNSAppointment of New Auditor
17th Oct 20237:00 amRNSQuarterly Update To 30 September 2023
27th Sep 20237:00 amRNSInterim Results
18th Sep 20237:00 amRNSDirector Resignation
20th Jul 20237:00 amRNSQuarterly Update to 30 June 2023
19th Jun 20234:45 pmRNSResult of AGM
22nd May 20234:30 pmRNSPosting of Annual Report and Notice of AGM
16th May 20237:00 amRNSFinal Results for the Year Ended 31 December 2022
9th May 202310:51 amRNSMine Site Incident
28th Apr 20237:00 amRNSQuarterly update to 31 March 2023
31st Jan 202311:05 amRNSSecond Price Monitoring Extn
31st Jan 202311:00 amRNSPrice Monitoring Extension
31st Jan 20237:00 amRNSQuarterly Update to 31 December 2022
9th Nov 20227:00 amRNSReceipt of Presidential Award
14th Oct 20227:00 amRNSQuarterly Update to 30 September 2022
14th Sep 20227:00 amRNSInterim Results
29th Jul 20228:56 amRNSReduction of Capital Effective
21st Jul 20227:00 amRNSUpdate on Reduction of Capital
20th Jul 20227:00 amRNSQuarterly Update to 30 June 2022
17th Jun 20223:26 pmRNSResult of AGM
16th May 20227:01 amRNSProposed Capital Reorganisation & Notice of AGM
16th May 20227:00 amRNSFinal Results for the Year Ended 31 December 2021
5th May 20227:00 amRNSAppointment of Non-Executive Director
25th Apr 20227:00 amRNSQuarterly update to 31 March 2022
14th Feb 20227:00 amRNSUpdated Mineral Resource and Ore Reserve Estimate
11th Feb 20227:00 amRNSInvestor Presentation
21st Jan 20227:00 amRNSQuarterly update to 31 December 2021
18th Oct 20217:00 amRNSQuarterly Update to 30 September 2021
20th Sep 20217:00 amRNSInterim Results for Six Months Ended 30 June 2021
1st Sep 20217:00 amRNSDirectorate Changes
27th Jul 202111:05 amRNSSecond Price Monitoring Extn
27th Jul 202111:00 amRNSPrice Monitoring Extension
27th Jul 20217:00 amRNSQUARTERLY UPDATE TO 30 JUNE 2021
1st Jul 20214:51 pmRNSHolding(s) in Company
30th Jun 20214:44 pmRNSResult of AGM
17th Jun 20212:00 pmRNSAnnual General Meeting Arrangements
7th Jun 202112:46 pmRNSPosting of Annual Report and Notice of AGM
25th May 20217:00 amRNSInvestor Presentation
21st May 20217:00 amRNSFinal Results for the year ended 31 December 2020
18th May 20217:00 amRNSUpdated Website, Presentation & Broker Research
17th May 20212:06 pmRNSSecond Price Monitoring Extn
17th May 20212:00 pmRNSPrice Monitoring Extension
22nd Apr 20217:00 amRNSAppointment of Non-Executive Directors

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.