21st Dec 2015 12:56
LONDON (Alliance News) - Aminex PLC said Monday it has agreed a six-month extension on the repayment of its corporate loan facility to end-July 2016, which it said will give it flexibility in the commissioning and testing phase of its Kiliwani North gas field in Tanzania.
The company's gas sales agreement including payment protection terms has been submitted to the Tanzanian Attorney General office pending a final signature. Aminex will make a further statement regarding this agreement in "due course", it said.
Shares in Aminex were up 2.1% at 1.48 pence Monday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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