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| Home : Mindoro Joint Venture Acquires US$8 Million Loan for Agata Project |
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Nov 21
2014 |
Mindoro Joint Venture Acquires US$8 Million Loan for Agata Project |
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EDMONTON, ALBERTA--(Marketwired - Nov. 20, 2014) - Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) today announced that Agata Mining Ventures Inc. ("AMVI"), a joint venture company in which Mindoro holds a 40% interest, has received a Letter of Advice from China Banking Corporation ("Chinabank") granting an US$8 million term loan facility (the "Facility") to support AMVI's high iron/low nickel direct shipping ore ("DSO") operations and exploration work at the Agata project, located in northern Mindanao, the Philippines. |
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| Source:http://www.marketwired.com/mw/release.do?id=1970497&sourceType=3 |
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