2nd Oct 2017 08:33
2 October 2017
METALS EXPLORATION PLC
Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.
US $21 million Mezzanine Debt Facility Documentation Completed
The Company is pleased to announce that the facility documentation was completed on Friday 29 September. The funds will now be drawn down to be utilised to repay two short term loans received from the shareholders and to make a capital and interest payment to the Group's senior lenders, today Monday 2 October 2017.
For further information please visit or contact www.metalsexploration.com
Ian R. Holzberger (Executive Chairman) | +63 (0) 9189 795 992 |
+61 (0) 418 886 165 | |
Liam A. Ruddy (Company Secretary) | +63 (0) 918 979 2931 |
+44 (0) 7911 719 960 | |
Andrew Rodgers (Chief Financial Officer) | +63 (0) 9188 795 996 |
Nominated Adviser and Broker: CANACCORD GENUITY LIMITED | |
Martin Davison, James Asensio | +44 (0) 207 523 4689 |
Public Relations: TAVISTOCK | |
Barnaby Hayward, Jos Simson | +44 (0) 207 920 3150 |
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Metals Exploration