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Ohio Bond Facility Terminated

3 Jul 2009 15:25

RNS Number : 1177V
ZincOx Resources PLC
03 July 2009
 



3 July 2009 

ZincOx Resources Plc

("ZincOx" or "the Company")

Ohio Bond Facility Terminated

Further to the Company's announcements on 3 February and 6 March 2009 regarding

cancellation of part of the US$48 million three-year bond facility ("the Bond Facility"), the Company has now terminated the remaining US$15 million of the Bond Facility.

Commenting on the announcement, Andrew Woollett, Executive Chairman said:

 "Having terminated the Bond Facility, we can conserve cash and retain maximum flexibility 

to explore alternative means of financing the first ZincOx recycling project in the USA."

For more information please contact:

Peter Wynter Bee, ZincOx Resources plc

Tel: +44 (0) 1276 450100

John Harrison (Nominated Adviser)

James Black (Corporate Broker)

Numis Securities

Tel: +44 (0) 20 7260 1000

Charlie Geller, Conduit PR

Tel (Direct): +44 (0) 20 7429 6604

This information is provided by RNS
The company news service from the London Stock Exchange
 
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