July 12, 2017 / 9:16 PM / 2 months ago

BRIEF-Melior amends its loan facility

July 12 (Reuters) - Melior Resources Inc

* Melior amends its loan facility

* Melior Resources Inc - ‍Pala has increased debt facility available to Melior by $1.24 million to an aggregate of $4.75 million

* Melior Resources - In addition, pala will have right to convert amount outstanding under Pala facility into common shares at a conversion price of $0.052

* Melior Resources - Proceeds under Pala facility to be used for finalizing confirmatory technical work programme for Goondicum Ilmenite’s possible re-start Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below