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Berau Refinancing Update

26th Sep 2014 08:27

RNS Number : 7027S
Asia Resource Minerals PLC
26 September 2014
 



 

 

 

26 September 2014

For Immediate Release

 

Asia Resource Minerals plc ("ARMS" or the "Company")

 

Berau Refinancing Update

 

ARMS announces an update on the progress of its proposed refinancing of Berau Capital Resources US$450m 12.5% Senior Notes due 07/08/15 ("2015 Notes").

 

Plans are underway for a refinancing package and the Board is currently evaluating a number of options.

 

The Company wishes to assure investors that it is confident that a comprehensive refinancing package will be presented in due course, which will reflect what the Company believes is the positive long term outlook for the business and the inherent profitability of the mining operation.

 

- ENDS-

 

For enquiries, please contact:

 

Asia Resource Minerals plc

 

Sean Wade

+44 (0) 20 7201 7511

RLM Finsbury

 

Ed Simpkins / Charles O'Brien

+44 (0) 20 7251 3801

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STRUNABRSWAKURR

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