Gran Colombia misses December interest payment on notes
2015-01-09 18:01 ET - News Release
GRAN COLOMBIA GOLD ANNOUNCES DELAY IN PAYING INTEREST ON SENIOR DEBT
Gran Colombia Gold Corp. has missed the interest payment due Dec. 31, 2014, on its senior unsecured silver-linked notes due 2018. Due to this missed payment, as of Jan. 10, 2015, the company will default under the terms of the silver note indenture. The default will arise from the company's failure to make the interest payment due on Dec. 31, 2014, within the 10-day cure period provided in the silver note indenture. The company has provided the trustee, Equity Financial Trust Company, with notice of the default..
Link: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aGCM-2242982&symbol=GCM®ion=C
Quelle: bigcharts.com
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