02:38:43 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Alphamin Resources Corp
Symbol AFM
Shares Issued 495,643,461
Close 2017-11-20 C$ 0.40
Market Cap C$ 198,257,384
Recent Sedar Documents

Alphamin Resources credit facility, bonus shares

2017-11-20 19:22 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing a secured credit facility for up to $80-million (U.S.) between the company, its 80.75-per-cent-owned subsidiary, Alphamin Bisie Mining S.A., and Sprott Private Resource Lending (Collector) LP, Barak Fund SPC Ltd. and Tremont Master Holdings. The credit facility shall be available for a period of 18 months following the initial advance and shall mature Dec. 31, 2022.

Additionally, the exchange has accepted the issuance of an aggregate of up to 14,494,857 bonus shares to be issued to the lenders in connection with the credit facility.

For more information, refer to the company's news release dated Nov. 13, 2017.

© 2024 Canjex Publishing Ltd. All rights reserved.