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Home : Bannerman Resources Limited: Ownership Consolidation, Debt Extinguishment & New Funding
Nov 12
2015

Bannerman Resources Limited: Ownership Consolidation, Debt Extinguishment & New Funding

PERTH, AUSTRALIA--(Marketwired - Nov. 11, 2015) - Further to the Company's announcement on 28 October 2015, Bannerman Resources Limited (ASX:BMN)(TSX:BAN)(NAMIBIAN:BMN) ("Bannerman" or the "Company") is pleased to confirm that it has reached agreement with the Company's major shareholders, Resource Capital Fund IV L.P. and Resource Capital Fund VI L.P. ("RCF IV" and "RCF VI" respectively and "RCF" collectively), and with Mr Clive Jones, a director and shareholder of the Company, in relation to proposed transactions that would deliver a significant project ownership and balance sheet restructure. The full report is available on Bannerman's website at www.bannermanresources.com and on SEDAR (www.sedar.com).
Source:http://www.marketwired.com/mw/release.do?id=2072567&sourceType=3
 
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