An anonymous director reports
PRIMERO EXTENDS REVOLVING CREDIT FACILITY TO FACILITATE NEGOTIATIONS
Primero Mining Corp. has agreed in principle with its lenders to an extension of its revolving credit facility (RCF) and guarantee provided by Wheaton Precious Metals Corp., previously maturing on Nov. 23, 2017. The maturity of the RCF will be extended to Dec. 1, 2017, providing the company with the ability to continue negotiations surrounding its previously announced strategic review process and the possible divestiture of its San Dimas mine in Mexico. There can be no certainty that these discussions will result in a resolution acceptable to all stakeholders.
About Primero
Mining Corp.
Primero Mining is a Canadian-based precious metal producer that owns 100 per cent of the San Dimas gold-silver mine in Mexico.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.