TSX-V
MNO.V
0.97 CA$
0.00%
Meridian Mining Announces Non-Arm's Length US$1million Loan Facility
On October 16 2017
LONDON , Oct. 16, 2017 /CNW/ - Meridian Mining SE (TSX V: MNO) ("Meridian" or the "Company") today announced it has entered into a US$1,000,000 short-term loan facility with The Sentient Group Limited, an affiliate of of its largest shareholder, Sentient Global Resources Fund IV. The loan facility is intended to provide working capital for the Company pending receipt of payment for recent shipments of manganese from the Espigão project.
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