Brief: AMERIGO EXECUTES MANDATE AGREEMENT FOR FINANCING OF PHASE 2 OF CAUQUENES EXPANSION

Amerigo Resources

21/02/2017 17:06

Feb 21 (Reuters) - Amerigo Resources Ltd  ARG.TO  
    * AMERIGO EXECUTES MANDATE AGREEMENT WITH BBVA TO ARRANGE 
FINANCING FOR PHASE TWO OF THE CAUQUENES EXPANSION 
    * AMERIGO RESOURCES -MANDATE AGREEMENT SETS OUT AN EXCLUSIVE 
ARRANGEMENT WITH BBVA DESCRIBING ACTIVITIES NEEDED TO ARRANGE A 
LOAN FACILITY 
    * AMERIGO RESOURCES  - BBVA HAS AGREED TO SEEK CREDIT 
APPROVAL TO PROVIDE UP TO 50% OF AMOUNT OF LOAN FACILITY 
    * ESTIMATED COST OF CAUQUENES PHASE TWO EXPANSION IS US$30 
MILLION, TO BE FINANCED BY LOAN FACILITY 
 
Source text for Eikon:  ID:nGNXNQHOEa  
Further company coverage:  ARG.TO  
 
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