Gindalbie Metals says Karara Mining Ltd gives update on Karara project

May 24 (Reuters) - Gindalbie Metals Ltd (GBG) :

  • Says has received update on karara project from Karara Mining Limited (KML)
  • Says KML has extended the US$300 million fixed term loan facility to April 2018; it was due for repayment in April 2017
  • Says co no longer has a contingent liability on shareholder guarantee provided to Ansteel for the term loan


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