Walkabout to Settle Bridging Loan in Next Few Days

Walkabout Resources Ltd (ASX: WKT) advises in relation to the previous announcement concerning the negotiation of an amendment to the Bridging Loan which matured on 31 December 2019.

·         WKT mentioned that due to the significant amount received from the exercise of the company’s $0.15 options that expired on 31 December 2019, it has enough cash to repay the bridging loan in full.

·         WKT also mentioned that post paying the loan in full; it would retain about $4.3 million in cash.

·         The final balance of the Bridging Loan will be repaid in the next few days.

·         WKT mentioned that due to the significant amount received from the exercise of the company’s $0.15 options that expired on 31 December 2019, it has enough cash to repay the bridging loan in full.

·         WKT also mentioned that post paying the loan in full; it would retain about $4.3 million in cash.

·         The final balance of the Bridging Loan will be repaid in the next few days.

-->

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK