Stillwater Mining , SWC (former PGMS) Message Board

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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS)

SWC 18.00

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May 12 5:00 PM EST

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To: re3 who wrote (1224)	10/2/2000 11:31:22 AM
From: PHILLIP FLOTOW	Read Replies (1) of 1336

Monday October 2, 9:01 am Eastern Time Press Release SOURCE: Stillwater Mining Company Bank Syndicate Extends Waiver for Stillwater Mining Credit Facility DENVER, Oct. 2 /PRNewswire/ -- STILLWATER MINING COMPANY (Amex: SWC - news) reported that the banking syndicate for its credit facility has extended the waiver on the availability of $125 million in project financing until April 30, 2001. The revised facility will bear interest at the rate of LIBOR plus 2.00%. This extension provides the Company with the liquidity necessary to continue with its business plan until permanent financing can be arranged. Stillwater Mining Company is the only U.S. producer of palladium and platinum and the only significant primary producer of platinum group metals outside of South Africa. The Company is traded on the American Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its web site: www.stillwatermining.com. SOURCE: Stillwater Mining Company PHIL P.S.: the strike of Amplats is likely to expand.

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