NGEx secures US$3 million credit facility - CanadianInvestor CanadiansInvest
-TSXV] has obtained a US$3.0 million credit facility that it will use to provide financial flexibility to fund the company’s continuing work programs and provide general working capital.
All securities issued on conjunction with the facility will be subject to a four-month hold period under applicable securities law. NGEx is the majority partner and operator at the large-scale Los Helados copper-gold deposit, subject to a joint exploration agreement with Nippon Caserones Resources Co. Ltd. The project is located in Chile’s Region 111.FIL
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