July 25, 2017 / 1:25 PM / in a month

BRIEF-Mandalay Resources Corporation announces new US$40 million revolving credit facility and change to dividend policy

July 25 (Reuters) - Mandalay Resources Corp:

* Mandalay Resources corporation announces new us$40 million revolving credit facility and change to dividend policy

* Mandalay Resources Corp- ‍senior secured revolving credit facility matures on July 24, 2020​

* Mandalay Resources Corp - ‍company has agreed to suspend its dividend​

* Mandalay Resources Corp - ‍future payment of dividends will require hsbc's consent as long as credit facility remains outstanding​

* Mandalay Resources Corp- ‍board will evaluate co's financial position on ongoing basis with a view to potentially reinstating dividends when feasible​ Source text for Eikon: Further company coverage:

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