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Home : New Oroperu Reports Loans
Apr 17
2013

New Oroperu Reports Loans

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 16, 2013) - New Oroperu Resources Inc. (the "Company") (TSX VENTURE:ORO) reports that it has arranged for loans in the aggregate sum of $175,000. The loans will bear interest at the rate of 10% per annum and mature on June 30, 2014. In order to obtain the agreement of the lenders to the making of the loans, the Company has agreed to issue an aggregate of 140,000 common shares as a bonus which will be subject to a hold period of four months from their date of issuance. The loans and bonus shares are subject to execution of definitive agreements and receipt of TSX Venture Exchange approval.
Source:http://www.marketwire.com/mw/release.do?id=1779505&sourceType=3
 
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