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US$21m Mezzanine Facility Documentation Completed

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RNS Number : 3728S
Metals Exploration PLC
02 October 2017
 

2 October 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.

 

 

US $21 million Mezzanine Debt Facility Documentation Completed

 

The Company is pleased to announce that the facility documentation was completed on Friday 29 September.  The funds will now be drawn down to be utilised to repay two short term loans received from the shareholders and to make a capital and interest payment to the Group's senior lenders, today Monday 2 October 2017.

 

 

 

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)

+63 (0) 9188 795 996





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 company news service from the London Stock Exchange
 
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