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News: CAS Crusader Resources Is In Discussions To Resolve Funding Shortfall Before End Of Jan

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    Jan 23 (Reuters) - Crusader Resources Ltd (CAS) :

    • CRUSADER RESOURCES LTD - SINCE OCTOBER LAST YEAR, DIRECTORS HAVE BEEN IN DISCUSSIONS WITH A NUMBER OF PROVIDERS OF BOTH DEBT AND EQUITY FUNDING
    • CRUSADER RESOURCES LTD - THERE IS A NEED TO RAISE ADDITIONAL FUNDING BEFORE END OF JANUARY FOR GROUP TO CONTINUE AS A GOING CONCERN.
    • CRUSADER RESOURCES LTD - CONTINUES TO REQUIRE FURTHER IMMEDIATE FUNDING FOR SHORT TERM GENERAL WORKING CAPITAL NEEDS
    • CRUSADER RESOURCES LTD - BOARD IS IN ADVANCED DISCUSSIONS TO RESOLVE FUNDING SHORTFALL BEFORE END OF JANUARY
 
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