Mountain Province Asks Shareholders for More Money to Run Business
Summary by rapaport.com
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1 Articles
Mountain Province Asks Shareholders for More Money to Run Business
Mountain Province has asked for an additional $10 million in funding from majority investor Dunebridge Worldwide. The previous loan Mountain Province received was in February for $40 million, it said Monday. The miner could access $30 million immediately, with the remaining $10 million available at Dunebridge’s discretion. In March, the miner revealed it had used part of the sum to continue operations and pay debt to joint-venture partner De …
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