3rd Jul 2009 15:25
3 July 2009
ZincOx Resources Plc
("ZincOx" or "the Company")
Ohio Bond Facility Terminated
Further to the Company's announcements on 3 February and 6 March 2009 regarding
cancellation of part of the US$48 million three-year bond facility ("the Bond Facility"), the Company has now terminated the remaining US$15 million of the Bond Facility.
Commenting on the announcement, Andrew Woollett, Executive Chairman said:
"Having terminated the Bond Facility, we can conserve cash and retain maximum flexibility
to explore alternative means of financing the first ZincOx recycling project in the USA."
For more information please contact:
Peter Wynter Bee, ZincOx Resources plc
Tel: +44 (0) 1276 450100
John Harrison (Nominated Adviser)
James Black (Corporate Broker)
Numis Securities
Tel: +44 (0) 20 7260 1000
Charlie Geller, Conduit PR
Tel (Direct): +44 (0) 20 7429 6604
Related Shares:
Zincox Resources Plc