Vancouver, British Columbia–(Newsfile Corp. – erigo” or perhaps the “Company”) try thrilled to announce you to the wholly-owned subsidiary Minera Valle Central S.Good. (“MVC”) provides signed the borrowed funds business (the newest “Stage A couple Financial Studio”) with Banco Bilbao Vizcaya Argentaria (“BBVA”) and you may Export Creativity Canada (“EDC”) established regarding Organization’s pr release, having money of the 2nd phase of your planned expansion from MVC’s businesses for the control of tailings from the historical Cauquenes deposit (the “Cauquenes Stage A couple Expansion”). MVC has provided defense into Phase A couple Bank Business inside the the form of a fee towards the each one of MVC’s property, and you will MVC try at the mercy of particular bank covenants becoming counted semi-annually doing for the .
step 3 billion to cover the costs of Cauquenes Phase Two Expansion, that is becoming given since the a new tranche regarding MVC’s present investment agreement with BBVA and you may EDC, through which the initial stage of the Cauquenes extension is funded.
The latest repayment plan is reduced instead of punishment prior to the fresh conditions of the finance arrangement. Lanjutkan membaca “Amerigo Shuts Financial Financial support having Phase Two of the Cauquenes Expansion”