An anonymous director reports
PRIMERO EXTENDS REVOLVING CREDIT FACILITY TO DECEMBER 15, 2017
Primero Mining Corp. has agreed with its lenders to an extension of its revolving credit facility and guarantee provided by Wheaton Precious Metals Corp., previously maturing on Dec. 1, 2017. The maturity of the RCF has been extended to Dec. 15, 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.
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