Sunshine Mining Gets Bond Extension

Sat., July 22, 2000

From Staff

Sunshine Mining and Refining Co. announced Friday that noteholders of the company’s Eurobonds have again agreed to extend the maturity date and interest payment date of the bonds by one week. The $27 million in bonds will now come due July 28.

Sunshine officials said the company is continuing negotiations with noteholders and other creditors to restructure finances. Sunshine was recently removed from the New York Stock Exchange because it couldn’t meet its listing requirements, one of which was to have a stock price of at least $1 a share.

The company now trades on the Over The Counter Bulletin Board. Its stock symbol is SSCF. Shares closed Friday at 25 cents.

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Sunshine Mining Gets Bond Extension

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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