28 Dec 2022 15:44
28 December 2022
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Pathfinder Minerals Plc
("Pathfinder" the "Company")
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Update re Loan Agreement
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Further to the Loan Agreement announcement released by the Company on 29 September 2022 pursuant to which Pathfinder was provided with an unsecured loan facility of up to £120,000 (the "Loan") for working capital purposes, Pathfinder announces that it has agreed with the lender(1) to extend the Loan repayment date from 2 February 2023 to 31 March 2023 and that the lender has agreed to increase the facility by up to a further £40,000 on the same terms, to be drawn upon by Pathfinder if necessary. All other terms of the Loan remain unchanged.
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(1) Per 29 September 2022 RNS, arranged by an FCA authorised financial institution - and ultimately placed with an individual, Adam Dziubinski
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Enquiries:
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Pathfinder Minerals Plc
Peter Taylor, Chief Executive Officer
Tel. +44Â +44 (0)20 3143 6748
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Strand Hanson Limited (Nominated & Financial Adviser and Broker)
James Spinney / Ritchie Balmer / Abigail Wennington
Tel. +44 (0)20 7409 3494
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Vigo Consulting (Investor Relations)
Ben Simons / Kate Kilgallen
Tel. +44 (0)20 7390 0234
Email pathfinderminerals@vigoconsulting.com
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").