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| Home : Rio Alto Provides Financing Update |
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Jul 16
2014 |
Rio Alto Provides Financing Update |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 16, 2014) - Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX:RIO)(LMA:RIO)(NYSE:RIOM) is pleased to announce it has fulfilled its obligations to Red Kite Explorer Trust ("Red Kite") in relation to its Operating Loan Agreement ("Operating Loan") and Gold Prepayment Agreement ("Prepayment"). The Company repaid $3 million United States Dollars ("USD"), plus accrued interest of $584 thousand USD owing on the Operating Loan on July 11, 2014, as well as delivered the final 3,881 notional ounces of gold owing to Red Kite on July 14, 2014. |
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| Source:http://www.marketwired.com/mw/release.do?id=1930105&sourceType=3 |
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