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| Home : Avanti Mining Increases Amount of Preconstruction Loan to US$50 Million and Sets New Date for Shareholder Meeting |
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Nov 23
2013 |
Avanti Mining Increases Amount of Preconstruction Loan to US$50 Million and Sets New Date for Shareholder Meeting |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 22, 2013) - Avanti Mining Inc. (TSX VENTURE:AVT)(PINKSHEETS:AVNMF) and its wholly owned subsidiary Avanti Kitsault Mine Ltd. ("Avanti" or the "Company") announces that, further to the Company's press release dated October 31, 2013, the Company has amended the terms of its binding and committed term sheet with Resource Capital Fund VI L.P. ("RCF") to increase the amount of the secured preconstruction loan from US$40 million to US$50 million (the "Facility"). The other material terms of the Facility will be as previously announced. |
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| Source:http://www.marketwired.com/mw/release.do?id=1855843&sourceType=3 |
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