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BRIEF-Bounty Mining Announces Draw Down Under Qcoal Facility And Repayment To Amaroo, Xcoal And Glencore

Published 11/10/2019, 09:38 pm
Updated 11/10/2019, 09:40 pm
© Reuters.  BRIEF-Bounty Mining Announces Draw Down Under Qcoal Facility And Repayment To Amaroo, Xcoal And Glencore
B2Y
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Oct 11 (Reuters) - Bounty Mining Ltd B2Y.AX :

* ANNOUNCES DRAW DOWN UNDER QCOAL FACILITY AND REPAYMENT TO AMAROO, XCOAL AND GLENCORE

* COMPLETED DRAW DOWN OF FUNDS UNDER FACILITY AGREEMENT WITH QCOAL BOUNTY HOLDINGS

* FACILITY AGREEMENT GIVES BOUNTY ACCESS TO A COMBINATION OF LOAN FUNDS AND GUARANTEE FACILITIES

* FURTHER DRAW DOWN IS EXPECTED NEXT WEEK TO SATISFY FURTHER OBLIGATIONS OF CO Source: [https://reut.rs/31a6FuV] Further company coverage: B2Y.AX

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