Providence added that it does not expect to extend the backstop date beyond Friday if the money is not transferred
() has extended the backstop date for the farm-in at the Barryroe project until Friday, 12 July.
Chinese group APEC had indicated it would lodge US$10mln to fund exploration on the project by close of play yesterday.
However, no money was forthcoming said Providence nor was there any verification about the transfer of funds even though assurances were given that it was underway.
Providence added that it does not expect to extend the backstop date beyond Friday if the money is not transferred or if there is no indication it will be.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Providence Resources PLC named herein, including the promotion by the Company of Providence Resources PLC in any Content on the Site, the...
FOR OUR FULL DISCLAIMER CLICK HERE