Brief: Paringa Resources Says Unit Retained FTI Consulting To Perform Review Of Hartshorne's Near-Term Financial Outlook

Terra Metals

08/01/2020 01:27

Jan 8 (Reuters) - Paringa Resources Ltd  PNRL.O :
    * UNIT RETAINED FTI CONSULTING, INC. TO PERFORM A REVIEW OF
HARTSHORNE'S NEAR-TERM FINANCIAL OUTLOOK AND OPERATIONAL
PERFORMANCE
    * UNIT DECIDED TO DEFER PAYMENT OF DECEMBER 31, 2019
QUARTERLY
INTEREST AND FEES REQUIRED UNDER ITS TERM LOAN FACILITY OF
US$1.5 MILLION
    * TRIBECA ISSUED LETTER TO UNIT HARTSHORNE AND CO TO NOTIFY
EVENT
OF DEFAULT AND RESERVING ITS RIGHTS IN RESPECT OF SUCH DEFAULT

Source text for Eikon:  ID:nASX5m55xx 
Further company coverage:  PNRL.O 

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