Sunshine Mining Garners Extension On Notes
From Business briefs, April 26, 2000, page A10: Correction: A headline on a story about Sunshine Mining and Refining Co. in Tuesday’s edition of The Spokesman-Review gave an incorrect name for the company. (Note: the headline of the published story is as follows: Potlatch garners extension on notes.)
Holders of Sunshine Mining and Refining Co. “Eurobonds” Monday again agreed to extend the notes’ maturity another 30 days.
The company reported that note holders approved a May 24 deadline.
Sunshine has been notified by the New York Stock Exchange that the company has fallen below continued listing standards. The company said its goal in ongoing negotiations with its debt holders is to reattain continued listing status.
Shares closed Monday unchanged at 56 cents in light trading on the NYSE.