Kula extends working capital facility

EXPLORER Kula Gold has extended its existing $A3 million working capital facility with RMB Resources by 12 months.

Kula extends working capital facility
Kula extends working capital facility
Kula extends working capital facility
Kula extends working capital facility
Kula extends working capital facility

The debt extension agreement provides Kula with the option to extend the due date to November 2015 and also resets the mandatory repayment trigger to $10 million in aggregate equity raisings.

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