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TORONTO, ONTARIO--(Marketwired - July 4, 2013) - Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) is pleased to announce that its 90%-owned subsidiary, Ban Phuc Nickel Mines LLC ("BPNM"), has today entered into an agreement with LienViet Post Bank ("LPB") for the provision of a US$20 million project financing loan for its Ban Phuc Nickel Project (the "Project Finance Loan"). Upon closing of the Project Finance Loan agreement, the previous cash collateral loan with LPB, announced on June 6, 2013, lapses, and the cash collateral will be released for BPNM's use. |
