Brief: Tango Announces Us$500,000 Project Development Loan Facility Signed With Cc Mining Limited

Southstone Minerals

12/09/2018 14:04

Sept 12 (Reuters) - Tango Mining Ltd  TGV.V :
    * TANGO ANNOUNCES US$500,000 PROJECT DEVELOPMENT LOAN
FACILITY
SIGNED WITH CC MINING LIMITED
    * TANGO MINING LTD - ENTERED INTO PHASE 1 CORPORATE LOAN
AGREEMENT
WHEREBY CCML WILL PROVIDE A US DOLLAR TERM LOAN FACILITY FOR UP
TO US$250,000
    * TANGO MINING - AGREED TO FORM A JOINT VENTURE WITH CCML,
IF CCML
EXERCISES RIGHT TO PARTICIPATE IN PHASE 2 DEVELOPMENT PLAN OF
MOQUITA PROJECT
    * TANGO MINING - IF JOINT VENTURE IS CREATED, CCML WILL
PROVIDE
LOAN FACILITY TO CARRY OUT PHASE 2 CAPITAL AND DEVELOPMENT
REQUIREMENTS

Source text for Eikon:  ID:nGNX16nygk 
Further company coverage:  TGV.V 

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