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BRIEF-Bannerman Resources updates on potential project ownership consolidation, debt extinguishment and new funding

Published 28/10/2015, 11:36 am
© Reuters.  BRIEF-Bannerman Resources updates on potential project ownership consolidation, debt extinguishment and new funding
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Oct 28 (Reuters) - Bannerman Resources Ltd BMN.AX :

* Potential project ownership consolidation, debt extinguishment and new funding

* Says proposed transactions would result in Bannerman moving to 100% ownership of the etango project and becoming debt free

* Discussions in relation to proposed transactions that would deliver a significant project ownership and balance sheet restructure.

* Says no certainty that any agreement will be reached on the proposed transactions

Source text for Eikon ID:nASX29Q0VD

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