Globe Metals & Mining (ASX:GBE) has reached an agreement with Director Bo Tan to extend the due date for repayment of his AU$2.3 million and $1.4 million loan facilities to Nov. 30 from Aug. 25 and Oct. 18, respectively, according to a Thursday Australian bourse filing.
All other terms of the loan facility remain unchanged, the filing added.
The company's shares fell past 5% in recent Thursday trade.
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