Lafayette restructuring hits pothole

LAFAYETTE Mining's plans to restructure the company have hit a bump in the road after its cornerstone investor decided not to exercise its call option under their agreement.

Lafayette restructuring hits pothole Lafayette restructuring hits pothole Lafayette restructuring hits pothole Lafayette restructuring hits pothole Lafayette restructuring hits pothole

The investment, arranged by South East Asia Strategic Assets Funds (SEASAF), would have given SEASAF and the cornerstone investor between 51% and 81.4% of Lafayette.