MZI 0.00% 1.6¢ mzi resources ltd

Ann: Final Drawdown Project Facility, page-2

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  1. 13,783 Posts.
    MZI Resources Ltd (ASX:MZI) is pleased to announce that the Company recently received the final drawdown under the RMB Project Finance Facility.


    This drawdown was for US$25.3m which, under the Company’s hedging programme, converted to A$30.9m.
    MZI will finish the June 2015 quarter in a strong financial position with approximately $33.8m in available cash and A$12.8m in available undrawn facilities.

    For further details please contact: Trevor Matthews Managing Director +61 8 9328 9800
 
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