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| Home : Euromax Announces Completion of Convertible Debt Financings With EBRD and CCC for Aggregate Gross Proceeds of Approximately USD$10,000,000 |
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May 21 2016 |
Euromax Announces Completion of Convertible Debt Financings With EBRD and CCC for Aggregate Gross Proceeds of Approximately USD$10,000,000 |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 20, 2016) - Euromax Resources Ltd. (TSX VENTURE:EOX) ("Euromax" or the "Company"), is pleased to announce that, further to its announcement on April 29, 2016, the Company has today satisfied the required disbursement conditions under a convertible loan agreement (the "Convertible Loan Agreement") with the European Bank for Reconstruction and Development (the "EBRD"), and the gross loan proceeds of USD$5,000,000 (the "Loan Disbursement") have been disbursed by the EBRD and are expected to be received by the Company next week. |
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| Source:http://www.marketwired.com/mw/release.do?id=2127142&sourceType=3 |
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