FINDERS RESOURCES LIMITED (FND)
Finders Repays Meridian Loan ahead of schedule
Media release 28 September 2009
Finders Resources (ASX and AIM: FND) advises that following completion of the recent
equity raising, it has repaid the US$5.0 million loan and accrued interest from Meridian International
Capital Limited. The loan was due to mature on 31 December 2009.
Following the repayment of the Meridian loan, the group$B!G(Bs remaining interest$B!>(Bbearing debt totals
US$2.4 million, comprising the US$1.5 million convertible note maturing 19 January 2012 and US$0.9
million owing pursuant to the forward sale and purchase of copper cathode which is expected to be
repaid in the next two months.
Chris Farmer, Finders Managing Director commented : $B!H(BThe discharge of this debt, and its related
security over the company$B!G(Bs assets will greatly simplify ongoing negotiations to secure senior debt
facilities and increase our flexibility for financing construction and development of the full scale
Wetar Copper project.$B!I(B
For further information please contact:
Finders Resources Limited
Russell Fountain Non$B!>(BExecutive Chairman +61 2 9211 8299
Chris Farmer Managing Director info@findersresources.com
Financial PR
Doug Macdonald Capital Group (in Australia) +61 424 255 959
Nick Elwes College Hill (in the UK) +44 20 7457 2020
RFC Corporate Finance Ltd $B!>(B Nomad
Rob Adamson Managing Director +61 2 9250 0000
Stuart Laing Executive Director +61 8 9480 2500
FinnCap $B!>(B Finders$B!G(B Broker for the AIM market
Mathew Robinson Corporate Finance Director +44 20 7600 1658
Joe Lunn Analyst +44 20 7600 1658
Doug Macdonald
0424 255 959
Capital Group
Level 5, 55 Harrington St
The Rocks Sydney 2000
02 9252 3900