Brief: Pacific Nickel Mines Confirm Initial Drawdown Of $3M Under Financing Arrangements With Glencore International
03/05/2023 02:19
May 3 (Reuters) - Pacific Nickel Mines Ltd PNM.AX :
* CONFIRM THAT INITIAL DRAWDOWN OF US$3M UNDER FINANCING
ARRANGEMENTS WITH GLENCORE INTERNATIONAL AG
* TOTAL GLENCORE FACILITY OF UP TO US$22M TO BE SUFFICIENT
TO MEET
PRE-PRODUCTION FUNDING REQUIREMENTS OF KOLOSORI PROJECT
Source text for Eikon: ID:nASX3KvYl1
Further company coverage: PNM.AX
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com;))
Recent news on Pacific Nickel Mines
See all newsBrief: Pacific Nickel Mines Extends Conditions Precedent End Date To 10 June
Brief: Pacific Nickel Mines Announces Sale Of Kolosori Nickel Project
Brief: Pacific Nickel Mines Says Geoff Hiller Has Resigned As Chief Executive Officer
Brief: Pacific Nickel Mines Posts FY Loss Attributable A$14.4 Million
Brief: Pacific Nickel Mines Seeks Trading Halt