CANDELARIA MINING ANNOUNCES US$9 MILLION MEDIUM TERM LOAN FACILITY

Candelaria Mining -16062020

VANCOUVER, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the “Company) is pleased to announce that it has entered into a letter agreement with Accendo Banco, S.A. (“Accendo”) providing the terms under which Accendo will provide a loan facility for US$9 million.  Funds advanced under the facility will be used for financing construction of the Company’s Pinos project and working capital purposes.

 

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