Wolf Minerals confirms agreement conditions with lenders have been met

20th Aug 2018 14:55

(Sharecast News) - Specialty metals producer Wolf Minerals announced on Monday that, further to its updates on 30 July and 1 August, all of the conditions precedent to the standstill arrangements and amended and restated agreements with its existing senior lenders and Resource Capital Fund VI had been satisfied.The AIM and ASX-listed company said that, as part of the process for satisfying the conditions precedent, it was granted a waiver of ASX Listing Rule 10.1."The waiver allows Wolf, subject to certain conditions, to grant RCF VI security for the amended bridge facility without shareholder approval," the board explained in its statement.