Providence extends payment deadline again
Shares rise after statement says payment from Chinese partner 'expected to be completed shortly'
Providence Resources has again agreed to extend a deadline for receipt of a €9 million payment from a Chinese company.
The company had already twice extended the deadline for Asia-Pacific Economic Cooperation (Apec) to provide the money, which was due as part of an agreement with Providence to develop the Barryroe field off the Cork coast.
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