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BRIEF-Orvana Minerals Corp - Fiscal 2019 Production Guidance In Line With Fiscal 2018 Results

Published 2018-12-21, 09:13 a/m
BRIEF-Orvana Minerals Corp - Fiscal 2019 Production Guidance In Line With Fiscal 2018 Results
ORV
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Dec 21 (Reuters) - Orvana Minerals Corp ORV.TO :

* ORVANA REPORTS 2018 RECORD PRODUCTION, PROVIDES FISCAL YEAR-END FINANCIAL RESULTS, REPORTS 2018 REVISED GUIDANCE MET, PROVIDES 2019 GUIDANCE

* ORVANA MINERALS CORP - PRODUCTION GUIDANCE FOR FISCAL 2019 IN LINE WITH FISCAL 2018 RESULTS

* ORVANA MINERALS CORP - ORVANA TO REPLACE CURRENT SAMSUNG C&T PREPAYMENT FACILITY WITH A SYNDICATED CREDIT FACILITY FROM SPANISH FINANCIAL INSTITUTIONS

* ORVANA MINERALS CORP - REPLACEMENT LIABILITY WILL PROVIDE AN EXTENDED REPAYMENT PERIOD AT A REDUCED INTEREST RATE.

* ORVANA MINERALS CORP - NEW FACILITY WILL EXTEND REPAYMENT PERIOD FROM ONE YEAR (SAMSUNG FACILITY), TO FOUR

* ORVANA MINERALS CORP - CLOSE OF NEW FACILITY IS EXPECTED BY EARLY 2019.

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