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Metals Exploration To Defer Capital Payment Until August

31st Jul 2018 12:31

LONDON (Alliance News) - Metals Exploration PLC said on Tuesday its senior lenders, HSBC Corp Ltd and BNP Paribas SA, have consented to a waiver request to defer three capital payments until August 31.

The deferred debt payments were originally due in December 2017, March 2018 and June 2018 and have a total sum of USD20.3 million.

Shares in Metals Exploration were down 4.7% at 2.26 pence each on Tuesday.


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Metals Exploration
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