Brief: Coro Mining Corp - Entered Into Unsecured Working Capital Facility With Its Major Shareholders

Marimaca Copper

19/03/2020 11:33

March 19 (Reuters) - Coro Mining Corp  COP.TO :
    * CORO MINING CORP - ENTERED INTO UNSECURED WORKING CAPITAL
FACILITY WITH ITS MAJOR SHAREHOLDERS
    * CORO MINING CORP - LENDERS HAVE AGREED TO LEND UP TO
US$6.0
MILLION TO CORO TO FUND COMPANY
    * CORO MINING CORP - WORKING CAPITAL FACILITY HAS A 12-MONTH
TERM
FROM DATE OF CLOSING AND BEARS INTEREST AT 12% PER ANNUM
    * CORO MINING CORP - GREENSTONE AND TEMBO WILL RECEIVE AN
AGGREGATE 3% ARRANGEMENT FEE UNDER WCF, WHICH WILL BE PAYABLE AT
MATURITY

Source text for Eikon:  ID:nGNX5N4wmt 
Further company coverage:  COP.TO 

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