March 30 (Reuters) - FAR Ltd FAR.AX :
* NEITHER JUNIOR NOR MEZZANINE FACILITIES THAT WERE BEING ARRANGED WILL BE ABLE TO BE COMPLETED FOR FORESEEABLE FUTURE
* CO'S ABILITY TO CLOSE SANGOMAR PROJECT DEBT ARRANGEMENTS THAT WERE ONGOING DURING THIS TIME HAVE BEEN COMPROMISED
* CO'S ABILITY TO CLOSE SANGOMAR PROJECT DEBT ARRANGEMENTS THAT WERE ONGOING DURING THIS TIME HAVE BEEN COMPROMISED
* AT END OF FEB 2020 CO HAD ABOUT A$150M CASH AT BANK AND NO DEBT
* LEAD BANKS TO SENIOR FACILITY HAVE NOW CONFIRMED THAT THEY CANNOT COMPLETE SYNDICATION IN CURRENT ENVIRONMENT