Sefton Resources Inc - Re: SER Stream Log - Bank of the West (the...

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Re: SER Stream Log
15:13 27/03/2014
SalopTractor
0 replies 0 0

Bank of the West (the "Bank") has given formal notice to the Company that its current facility will not be renewed in its current form and that the outstanding loan balance of US$4.7million is due and payable in full. The Company is in constructive discussions with the Bank concerning alternative arrangements with providers of finance. Several providers of finance have expressed an interest in providing some or all of the required finance. The directors are actively perusing an alternate refinancing packages and hope to update shareholders shortly.

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VOG30 NovSELLVOG27 SepBUYKIE19 JulBUYAFE30 JanBUYVOG15 NovBUY
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