Brief: Meteoric Resources Announces Termination Of Term Sheet Regarding Juruena Gold Project
April 3 (Reuters) - Meteoric Resources NL MEI.AX :
* TERMINATION OF TERM SHEET REGARDING JURUENA GOLD PROJECT
* ON 31 MARCH, GOT NOTICE FROM KEYSTONE RESOURCES LTD
ADVISING IT
WAS UNABLE TO MAKE PAYMENT ON DUE DATE
* KEYSTONE DID NOT PROVIDE ANY COMMITMENT AS TO WHEN IT
WOULD BE
ABLE TO PAY OUTSTANDING US$17.5 MILLION
* HAS ELECTED TO ACCEPT THAT REPUDIATION AND HAS NOW
TERMINATED
TERM SHEET
Source text for Eikon: ID:nASX25VC55
Further company coverage: MEI.AX
((Reuters.Briefs@thomsonreuters.com;))
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