We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metals Exploration Plc | LSE:MTL | London | Ordinary Share | GB00B0394F60 | ORD GBP0.0001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.15 | 2.73% | 5.65 | 5.50 | 5.80 | 5.80 | 5.50 | 5.50 | 3,607,068 | 15:18:31 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 124.41M | 8.75M | 0.0042 | 13.45 | 118.42M |
From Apr 2019 to Apr 2024
TIDMMTL
RNS Number : 0826G
Metals Exploration PLC
24 May 2017
24 May 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.
Funding
The Company has previously announced that is in discussions with a mezzanine debt provider for the provision of a working capital facility. Those discussions are ongoing and it remains the Company's expectation that such a facility will be in place prior to 30 June 2017.
To assist the Group in managing its working capital requirements pending implementation of the mezzanine debt facility, and required to meet a US $2.0 million principal repayment to its senior lenders on 31 May 2017, the Company has approached its two major shareholders, MTL (Luxembourg) Sarl Ltd and Runruno Holdings Limited, who have agreed in principle to provide a US $2.0 million short term loan to the Company. The shareholders will provide funding on a prorata basis to their shareholding in the Company and subject to agreeing terms of contract.
The Company will continue to update the market as the discussions in relation to the above transactions progress.
For further information please visit or contact www.metalsexploration.com
Hot Features
Premium
Ian R. Holzberger (Executive +63 (0) 9189
Chairman) 795 992
+61 (0) 418 886
165
+63 (0) 918 979
Liam A. Ruddy (Company Secretary) 2931
+44 (0) 7911
719 960
Nominated Adviser and Broker: CANACCORD GENUITY
LIMITED
Martin Davison, Joseph Dorey, +44 (0) 207 523
James Asensio 4689
Public Relations: TAVISTOCK
+44 (0) 207 920
Barnaby Hayward, Jos Simson 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCDZLBLDEFXBBV
(END) Dow Jones Newswires
May 24, 2017 03:40 ET (07:40 GMT)
1 Year Metals Exploration Chart |
1 Month Metals Exploration Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
