Coro arranges loan facilities, amends Nora LOI
CORO ANNOUNCES TERM SHEET FOR FINANCING THE BERTA PROJECT AND LETTER OF INTENT FOR PURCHASE OF THE NORA PLANT Coro Mining Corp.’s subsidiary SCM Berta (SCMB) has signed a non-binding term sheet with Freepoint Commodities LLC for a senior secured term loan facility for up to $17.5-million (U.S.), plus a $2-million (U.S.) cost overrun facility, for the development and construction of the Berta project, including the acquisition and expansion of the Nora solvent extraction and electrowinning...
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