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News: MEL Byron Energy enters into binding funding agreement with Metgasco Ltd

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    22/07/16
    18:12
    Post #: 18340786

    July 22 (Reuters) - Byron Energy Ltd (BYE) :

    • Amended funding agreement with Metgasco signed (BYE)
    • Says entered into a binding funding agreement with Metgasco Limited
    • As part of the agreement Byron will issue 10 million unlisted options to Metgasco with an exercise price of 25c with a three year term
    • Byron and Metgasco documented terms of a convertible note for $A8 million, providing Byron with funding for SM 71 project development
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