LionGold says it may extend talks over debt restructuring

Singapore

LIONGOLD Corp - one of the trio involved in the penny stock crash of 2013 - was queried by the Singapore Exchange (SGX) on Thursday over the stock's heavy trading activity.

It said in response that it plans to discuss with creditors on ways to extend a deadline over a debt restructuring proposal tied to outstanding debt of some S$15.8 million. The long stop date then was Dec 28, 2017.