31 Jul 2018 08:47
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 | ||
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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 | ||
Metals Exploration (MTL)