St Barbara Limited has repurchased an additional US$10 million in aggregate principal of its US 144A Senior Secured Notes, at a discount of 2% to par value
Bob Vassie, St Barbara MD & CEO, said: "Our surplus cash has allowed us to buy back more debt at a discount, allowing us to further strengthen our balance sheet.�
St Barbara is a gold producing company based in Australia.
St Barbara holds various exploration projects in Australia.
Its main assets in production are SOUTHERN CROSS - MARVEL LOCH, GWALIA DEEPS (SONS OF GWALIA), SOUTHERN CROSS - YILGARN STAR, SOUTHERN CROSS - OTHER, SOUTHERN CROSS - TOTAL AREA, SOUTHERN CROSS - HERCULES, CORINTHIA MINE and MEEKATHARRA MINE in Australia, its main asset in development is LEONORA - TARMOOLA in Australia and its main exploration properties are SOUTHERN CROSS - NEVORIA, LEONORA - TOWER HILL, SOUTHERN CROSS - TRANSVAAL, SOUTHERN CROSS - JACCOLETTI, LEONORA - OTHER, GWALIA INT & WEST LODE, MARVEL LOCH, SOUTHERN CROSS - BULLFINCH and WALLAL in Australia.
Its stock quote reached its lowest recent point on December 05, 2014 at AU$ 0.07, and its highest recent level on February 22, 2019 at AU$ 5.32.
St Barbara has 497 329 984 shares outstanding.