Brief: Pembridge Resources Says Minto Unlikely To Repay Co About C$2 Mln Unless Near-Term Financing Raised

Pembridge Resources

15/05/2023 07:19

May 15 (Reuters) - Pembridge Resources PLC  PERE.L :
    * PEMBRIDGE RESOURCES - INFORMED BY MINTO IT IS UNLIKELY TO
BE IN
A POSITION TO REPAY CO ABOUT C$2 MILLION UNLESS MINTO RAISES
CAPITAL IN NEAR TERM
    * PEMBRIDGE RESOURCES PLC - MINTO RECEIVABLE IS CONSIDERED
CRITICAL TO CASH FLOW OF COMPANY FOR NEXT 12 MONTHS
    * PEMBRIDGE  BOARD STARTED A PROCESS OF ASSESSING ABILITY OF
COMPANY TO CONTINUE AS A GOING CONCERN TOGETHER WITH A REVIEW OF
ALL AVAILABLE OPTIONS

Source text for Eikon:  ID:nRSO3958Za 
Further company coverage:  PERE.L 

 ((Reuters.Briefs@thomsonreuters.com;))