OZ Minerals has been granted a voluntary suspension of its shares until 29 December in order to progress negotiations with the banks on the refinancing of its debt facilities.
OZ Minerals has accepted an offer from its lenders to extend the date by which it is required to refinance these facilities to 29 December 2008 with an option, subject to certain conditions being satisfied, for the extension to run until 31 January 2009.
Please find attached a full copy of the ASX release below
ASX OZ MINERALS VOLUNTARY SUSPENSION (pdf)
Coober Pedy Regional Times
Categories: PROMINENT HILL News