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BRIEF-Centerra Gold suspends dividend; extends Oksut project financing facility
December 9, 2016 / 2:02 PM / 9 months ago

BRIEF-Centerra Gold suspends dividend; extends Oksut project financing facility

Dec 9 (Reuters) - Centerra Gold Inc :

* Centerra Gold- Unicredit Bank, EBRD granted co’s unit extension to June 30, 2017 to satisfy conditions to access $150 million Öksüt Project credit facility

* Centerra- In light of restrictions relating to funds held at co’s wholly-owned Kyrgyz Republic subsidiary, board decided against declaring Q3 dividend

* Centerra - Oksüt will continue to work to satisfy conditions by new deadline but no assurances that all conditions will be satisfied by June 30, 2017

* Centerra gold announces extension of the Oksut project financing facility and suspension of the company’s dividend Source text for Eikon: Further company coverage:

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