BRIEF-Molymet wants to subscribe to unit's capital increase

lunes 10 de octubre de 2016 12:30 GYT
 

Oct 10 (Reuters) - Molibdenos y Metales SA (Molymet) :

* Said on Friday board has approved to subscribe fully or in part to capital increase of its unit Inmobiliaria San Bernardo

* Says Inmobiliaria San Bernardo has a debt with Molymet of around $5.9 million due in 2019

* Says due to its financial situation, it may be difficult for Inmobiliaria San Bernardo to meet its obligations

* Says the capital increase in Inmobiliaria San Bernardo would amount to $7.2 million

Source text: bit.ly/2dfhSVA

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(Gdynia Newsroom)