4th May 2020 18:27
(Alliance News) - Amur Minerals Corp said Monday it has repaid in full the initial advance of GBP500,000 of the fixed term loan note left outstanding to Plena Global Opportunities LLC announced in March.
In mid-March, the nickel-copper sulphide mineral resource development firm secured a GBP1.5 million fixed term loan note from Plena Global.
The funds were used to complete the Russian feasibility study for the Kun-Manie nickel-copper sulphide project located in the far east of Russia.
Shares in Amur Minerals closed 4.5% higher at 1.05 pence on Monday in London.
By Dayo Laniyan; [email protected]
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