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    HRR   AU000000HRR6

HERON RESOURCES LIMITED

(HRR)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 07/14
0.045 AUD   0.00%
07/16HERON RESOURCES : Enters Voluntary Administration
MT
02/12Alchemy earns 80% of NSW Tenements in Heron Joint Venture
AQ
2020Heron Resources Limited Auditor Raises 'Going Concern' Doubt
CI
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Heron Resources : Further Extends Standstill Agreement with Senior Debt Provider

05/15/2020 | 09:50am EST

Heron Resources Limited (ASX: HRR 'Heron' or the 'Company') announced on 25 March 2020 that it had suspended operations at Woodlawn, an event of default under the Company's Loan Agreement ('Agreement') with Orion Mine Finance (OMF), and that it sought and received a waiver of this default event from OMF until 23 April 2020.

Heron further announced on 23 April 2020 that it had received an extension of the waiver from OMF until 15 May 2020.

Heron today confirms that it has received a further extension of the waiver from OMF until 26 June 2020. The extension provides the necessary time for the Company to work with its key stakeholders to determine a path forward for Woodlawn. The Woodlawn Mine remains in care & maintenance with all assets being maintained by remaining site personnel to a level that will support an efficient re-start of operations.

About Heron Resources Limited (ASX:HRR)

Heron Resources Limited is engaged in the exploration and development of base and precious metal deposits in Australia. Heron's primary focus is on its 100% owned, high grade Woodlawn Zinc-Copper Project located 250km southwest of Sydney, New South Wales, Australia - one of the few new zinc projects that is fully-funded to production.

Contact:

Mr Tim Dobson

Tel: +61 2 9119 8111

Email: heron@heronresources.com.au

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about HERON RESOURCES LIMITED
07/16HERON RESOURCES : Enters Voluntary Administration
MT
02/12Alchemy earns 80% of NSW Tenements in Heron Joint Venture
AQ
2020Heron Resources Limited Auditor Raises 'Going Concern' Doubt
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2020ALCHEMY RESOURCES LIMITED : - Diamond Drilling Underway at Overflow, NSW
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2020Heron Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2020
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2020Heron Resources Limited announced that it expects to receive AUD 3.5 million in funding..
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2020Alchemy Resources Limited - Placement and Non-Renounceable Rights Issue
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2020HERON RESOURCES LIMITED : - Update on Strategic Process and Director Resignations
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2020Heron Resources Limited Announces Director Resignations
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2020HERON RESOURCES LIMITED : - Quarterly Activities Report June 2020
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More news
Financials
Sales 2020 - - -
Net income 2020 -164 M -117 M -117 M
Net Debt 2020 155 M 110 M 110 M
P/E ratio 2020 -0,10x
Yield 2020 -
Capitalization 19,3 M 13,7 M 13,8 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 52,3%
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Income Statement Evolution
Managers and Directors
Tim Dobson Chief Executive Officer
Simon David Lee Smith Secretary, GM-Finance & Administration
Stephen Bruce Dennis Non-Executive Chairman
Mark Raymond Sawyer Non-Executive Director
Ricardo De Armas Non-Executive Director
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