Metgasco Ltd. (ASX:MEL) disputes Keybridge Capital Limited's purported termination notice of the loan note agreement due to Keybridge's persistent breach of obligations. The Company remains funded for near term activities into Q1 2024 and is confident in securing non-dilutionary funding if required in 2024.
Metgasco, having obtained comprehensive legal advice, considers Keybridge's purported termination notice invalid. The Company is confident in its ability to secure non-dilutionary funding if needed in 2024 and does not intend to respond further to ASX commentary by Keybridge on this matter.
Metgasco (ASX:MEL) disputes Keybridge's termination notice, citing Keybridge's persistent breach of obligations. The Company remains funded for near term activities and is confident in securing non-dilutionary funding if required in 2024. Metgasco will update its shareholders in the event of any material developments.