TIDMMTL

RNS Number : 3728S

Metals Exploration PLC

02 October 2017

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 
------------------------------------------  ---------------------

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

October 02, 2017 03:33 ET (07:33 GMT)

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