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Continental halts ASX, Aim trading as convertible notes mature

6th January 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – Dual-listed Continental Coal on Monday halted trading on the ASX and Aim prior to the clarification of its financial position and potential restructure of its convertible notes.

The company’s notes, which were maturing from November 2013 until February 2014, would potentially be restructured or refinanced.

Continental said it would make further announcements on January 8.

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Edited by Tracy Klückow
Creamer Media Contributing Editor

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