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Wolf executes debt restructuring deal

Wolf's debt restructuring plans will carry it over until October
Wolf executes debt restructuring deal
The Wolf facility at Drakelands

Wolf Minerals LTD (LON:WLFE) has executed its previously announced debt restructuring deal which involves the deferred payment of principal, interest and other amounts due at the end of July 2018.

To underpin this, the company has received guarantor consent from the German government’s United Loan Guarantee Scheme.

READ: Wolf Minerals extends bridging facility

In addition, Wolf has received the first £2mln instalment of a new £4mln bridge facility, as well as an initial amount from a fund that was previously allocated to tackle noise and vibration.

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Wolf Minerals Limited Timeline

August 14 2018

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