May 24 (Reuters) - Mandalay Resources Corp MND.TO :
* Mandalay Resources - gold exchange revised repurchase offer, consent solicitation in respect of U.S.$60 million principal amount 5.875% secured exchangeable bonds due 2019
* Mandalay -original repurchase bond offer,consent solicitation was not completed; gel entered discussions with holders to implement alternative arrangements
* Mandalay Resources Corp - holders of 100% of bonds have now executed a written resolution approving repurchase and consent solicitation
* Mandalay Resources - holders approve repurchase,consent solicitation on same terms as original proposal except interest rate increased to 6.875%/annum
* Mandalay Resources Corp - gel has agreed to purchase us$29.95 million principal amount of bonds from holders Source text for Eikon: ID:nGNXNWVIDa Further company coverage: MND.TO