Brief: AMG Says San Antonio Securities Could Take CMT Stake If Misses Repayment Date

Auplata Mining SA

07/07/2022 17:23

July 7 (Reuters) - Auplata Mining Group SA  ALAMG.PA :
    * CONTINUES TO ACTIVELY SEEK FINANCING TO ALLOW, IN
ACCORDANCE
WITH CONTRACTUAL DEADLINE, REPAYMENT OF THE AMOUNTS DUE TO SAS
(SAN ANTONIO SECURITIES)
    * IF AMG REPAYS FULL AMOUNT DUE TO SAS IN CASH AND PAYS DUE
PRICE
OF SHARES OF OSEAD FUND BY AUG.31, WILL ON SEPT. 1 BECOME OWNER
OF ALL SHARES OF OSEAD GESTION
    * IF AMG DOES NOT REPAY AMOUNT DUE, SAS WILL ON SEPT. 1
BECOME
OWNER OF ALL SHARES OF OSEAD FUND, AND INDIRECTLY OF 37.04% OF
CMT, REMAIN OWNER OF ALL SHARES OF OSEAD GESTION
    * SAS REQUESTED REPAYMENT TOTALLING EUR 32.1 MILLION

Further company coverage:  ALAMG.PA 

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