Key points
- Namibian Minerals’ senior lenders have extended the capital repayment moratorium until Dec. 15, 2001.
- Negotiations on rescheduling the company’s banking facilities are in the final stages.
- The company expects resolution to be achieved in December.
Namibian Minerals’ senior lenders have extended the company’s capital repayment moratorium until Dec. 15, 2001. Negotiations regarding the rescheduling of the company’s banking facilities are in the final stages and the company expects that resolution will be achieved in December.
WARNING: The company relies upon litigation protection for “forward-looking” statements.
