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| Home : EPM Mining Arranges US$3.2 Million Financing for Its Sevier Lake Playa Sulphate of Potash Project |
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Apr 07
2014 |
EPM Mining Arranges US$3.2 Million Financing for Its Sevier Lake Playa Sulphate of Potash Project |
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TORONTO, ONTARIO--(Marketwired - April 7, 2014) - EPM Mining Ventures Inc. (TSX VENTURE:EPK) (OTCQX:EPKMF) ("EPM" or the "Company") is pleased to announce that it has entered into a binding term sheet with Extract Capital LP ("Extract") for a US$2.5 million loan ("Extract Loan"). In addition, EPM has entered into a binding term sheet with certain Directors of the Company (the "Directors") for a US$700,000 loan ("Director Loan" and collectively with the Extract Loan, the "Financing"). The Financing will be used by the Company to fund operations and project-related activities for its Sevier Lake Playa Sulphate of Potash Project located in southwestern Utah. |
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| Source:http://www.marketwired.com/mw/release.do?id=1896465&sourceType=3 |
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