23rd Oct 2014 09:20
LONDON (Alliance News) - Beacon Hill Resources PLC on Thursday said it remains in negotiations with Vitol SA regarding the restructuring of its USD10 million debt facility with the Swiss commodities trading house.
Beacon entered a deal with Vitol in August to defer all principal amortisation and accrue interest until September 30.
Beacon Hill shares were unchanged on Thursday at 0.12 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.