Treasury Metals arranges $6-million facility with RMB
TREASURY METALS ANNOUNCES FINANCING WITH RMB RESOURCES INC. Treasury Metals Inc. has entered into an mandate with and subsequently received in-principle approval from RMB Resources Inc., to arrange and provide a $6-million feasibility finance facility by the lender, RMB Australia Holdings Ltd. RMB is the resource merchant banking division of the FirstRand Group. Concurrent to the RMB financing, the company will undertake to complete a private placement of common shares for $2.5-million. The...
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