TIDMMTL

RNS Number : 2859W

Metals Exploration PLC

31 July 2018

31 July 2018

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.

Banking Update

The Company's senior lenders (the Hong Kong & Shanghai Banking Corporation Limited and BNP Paribas) have provided consent to a waiver request to defer the December 2017, March 2018 and June 2018 capital payment amounts totalling US $20.25 million, until 31 August 2018. This waiver supersedes the previous waivers granted by the senior lenders for the December 2017, March 2018 and June 2018 capital payments.

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)       +61 412 429 856 
 
 
 
     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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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July 31, 2018 03:47 ET (07:47 GMT)

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