March 31 (Reuters) - GBM Resources Ltd (GBZ) :
- WCB Resources and GBM Resources terminate heads of agreement
- WCB Resources - termination of heads of agreement with gbm due to financing conditions for agreement not being met prior to deadline of March 31
- WCB Resources Ltd- GBM announced on March 31, 2017 that completion of their $10million loan agreement was unsuccessful
- WCB Resources Ltd- GBM announced they are continuing to source alternative funding
- WCB Resources-until funding is identified, size,nature of any funding is known,merger discussions between WCB and GBM have necessarily been put on hold
- WCB Resources Ltd - should appropriate funding package be sourced, WCB and GBM will consider re-opening merger discussions
News: GBZ WCB Resources and GBM Resources terminate heads of agreement
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