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| Home : Orsu Appoints Barclays and UniCredit to Arrange a Senior Debt Facility of Up to US$90 Million |
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Jul 31
2012 |
Orsu Appoints Barclays and UniCredit to Arrange a Senior Debt Facility of Up to US$90 Million |
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LONDON, UNITED KINGDOM--(Marketwire - July 31, 2012) - Orsu Metals Corporation, the London-based dual listed (TSX:OSU)(AIM:OSU) base and precious metals exploration and development company, today announces that it has appointed Barclays Bank PLC ("Barclays") and UniCredit Bank Austria AG ("UniCredit") as Co-ordinating Mandated Lead Arrangers ("MLA's") to use commercially reasonable efforts to arrange a project finance facility of up to US$90 million to finance the Company's Karchiga Project in Kazakhstan, subject to commercially acceptable terms for the facility being agreed and the MLAs obtaining all necessary internal approvals. |
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| Source:http://www.marketwire.com/mw/release.do?id=1685305&sourceType=3 |
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