Tri-Star Resources Plc Repayment of Loan Notes
July 18 2018 - 2:00AM
UK Regulatory
TIDMTSTR
Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No. 596/
2014 until the release of this announcement
18 July 2018
Tri-Star Resources plc ("Tri-Star" or the "Company")
Repayment of Loan Notes
Tri-Star announces that, following the raising of GBP13m through a placing of new
shares as announced on 25 June 2018, it has made an early repayment of $2.6m of
secured loan notes held by funds under the discretionary management of Odey
Asset Management LLP "Loan Notes". The outstanding balance of the Loan Notes
has now been reduced to $1.3m. The remainder of the Loan Notes are due to
mature on the 30 June 2019 but may be repaid earlier at the Company's option.
Enquiries:
Tri-Star Resources plc Tel: +44 (0)20 7653 6291
Karen O'Mahony, Acting Chief Executive Email: ceo@tri-starresources.com
Officer
SP Angel Corporate Finance (Nomad and Tel: +44 (0) 20 3470 0470
broker)
Robert Wooldridge / Jeff Keating
END
(END) Dow Jones Newswires
July 18, 2018 02:00 ET (06:00 GMT)
Tri-star Resources (LSE:TSTR)
Historical Stock Chart
From May 2024 to Jun 2024
Tri-star Resources (LSE:TSTR)
Historical Stock Chart
From Jun 2023 to Jun 2024