Brief: Ngex Minerals Announces Credit Facility
30/09/2022 24:05
Sept 29 (Reuters) - Ngex Minerals Ltd NGEX.V :
* NGEX MINERALS ANNOUNCES CREDIT FACILITY
* ENTERED INTO A US$3 MILLION CREDIT FACILITY WHICH WILL BE
EVIDENCED BY A DEBENTURE WITH AN EFFECTIVE DATE OF SEPT 28
* ENTERED INTO CREDIT FACILITY TO PROVIDE FINANCIAL
FLEXIBILITY TO
FUND ONGOING WORK PROGRAMS AND PROVIDE GENERAL WORKING CAPITAL
* FACILITY HAS A TERM OF 12 MONTHS ENDING SEPTEMBER 28, 2023
* NO INTEREST IS PAYABLE DURING TERM OF DEBENTURE
Source text for Eikon: ID:nCNWdJ40na
Further company coverage: NGEX.V
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