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Country World Casinos Inc. gains extension of defaulted mortgage payment as four directors resign.


DENVER--(BUSINESS WIRE)--Dec. 12, 1994--Country World Casinos A list of casinos. Antigua and Barbuda
  • St. James's Club Antigua in Mamora Bay
  • Casino Riviera in Runaway Bay
  • Grand Princess Casino in St. John's
  • King's Casino in St.
 Inc. (Bulletin Board: CWRC CWRC Changjiang Water Resources Commission (also seen as Yangtze River Water Resources Commission, YRWRC)
CWRC Catawba Wateree Relicensing Coalition
CWRC Child Welfare Research Center
CWRC Climb Well to Right of Course
) announced the resignation of four of its directors.

The lone remaining director, Jim Nation, stated, "The combination of the resignations and the mortgage payment extension until Dec. 19, 1994, positions the company to begin the next phase of the Black Hawk Black Hawk

(born 1767, Sauk Sautenuk, Va.—died Oct. 3, 1838, village on the Des Moines River, Iowa, U.S.) Sauk Indian leader. Long antagonistic to whites, Black Hawk was driven into Iowa from Illinois in 1831.
 casino construction."

A company spokesman also said Country World will shortly announce a slate of directors along with the receipt of interim financing Interim financing

A short-term loan made to a company on the condition that a takeout will follow with long-term or intermediate financing.


interim financing

The financing that supports a transaction until permanent financing can be arranged.
 which will bring the company current in all of its financial obligations.

CONTACT: Country World Casinos Inc., Denver

Jim Nation, 303/777-6111
COPYRIGHT 1994 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 12, 1994
Words:98
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