Brief: Hudson Resources says European Investment Bank approves debt financing of White Mountain Project

AnorTech

07/02/2017 13:30

Feb 7 (Reuters) - Hudson Resources Inc  HUD.V  -  
    * Announces that the European Investment Bank approves debt 
financing of the white mountain project 
    * Management committee of EIB grants preliminary approval to 
provide debt financing of up to $13 million for co's white 
mountain anorthosite project 
    * Says cordiant Capital Inc approved lending Hudson 
Greenland A/S up to $9.5m million 
    * Total white mountain project capital costs, including 
reclamation costs and working capital are estimated at CDN$40m 
    * Hudson Resources says complete terms and conditions of the 
loans remain confidential 
 
Source text for Eikon:  ID:nCCN7gf0dz  
Further company coverage:  HUD.V  
 
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