Loan
Almadex Announces Early Repayment of Gold Loan
LUCA CLARIFIES TRAFIGURA EARLY WARNING REPORT
GALORE ANNOUNCES SHAREHOLDER LOAN AND AN UPDATE ON THE DURAZNILLO PROJECT
Bear Creek Mining Announces Drawdown of Funds Under Sandstorm Promissory Note and Grant of Options
Guanajuato Silver Closes US$7.5 Million Credit Facility
Bear Creek Mining Issues Amendment to Management Information Circular and Announces Short-Term US$1.3 Million Loan
GOLDGROUP ANNOUNCES CONVERSION OF CONVERTIBLE LOAN
Trafigura Commits 2nd Loan Tranche US$5 Million to Telsons’ Tahuehueto Mine Construction
trafigura commits 2nd loan tranche to telson_tahuehueto mine construction
Telson Mining Corporation (“Telson” or the “Company”) (TSX-V – TSN, OTC Pink – SOHFF, Frankfurt – TSGN (formerly SQ82)) is pleased to report that it has received US$5 million for the second tranche of the loan agreement with Trafigura Mexico S.A. de C.V. (“Trafigura”), advanced under the Loan Facility and Offtake Agreement (the “Off-Take Agreement”) originally announced by the Company Dec 18, 2017, for the rehabilitation, construction, operation and working capital of the Tahuehueto Mine.
Santacruz Arranges Short-Term US$2.3 Million Loan
Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (“Santacruz”) reports that its wholly-owned subsidiary, Impulsora Minera Santacruz, S.A de C.V. (together with Santacruz the “Company”), has arranged a loan (the “Loan”) from a private Bolivian mining company, for US$2.3 million. The Loan bears interest at 9% per annum, is repayable July 1st, 2018, and is unsecured. In connection with the Loan the Company has agreed to issue the lender 2,000,000 warrants exercisable until the end of business on March 6, 2019, at $0.16 per share. The issuance of the warrants is subject to TSX Venture Exchange approval.