9th Mar 2021 14:26
China Nonferrous Gold Ltd - mineral exploration & mining company currently operating in the Republic of Tajikistan - Completes a second drawdown of a banking facility from China CITIC Bank Corp Ltd. The total amount in this second draw down is USD14.6 million, taking the total amount now drawn down under this facility to USD34.6 million. The funds from this drawdown will be used to repay the China Construction Bank (Asia) Corp Ltd loan of USD14.6 million which is due for repayment in March.
China Nonferrous Gold notes that, at the current time, loans drawn down by the company amount to USD328 million.
Current stock price: 8.05 pence, down 11% on Tuesday
Year-to-date change: down 12%
By Evelina Grecenko; [email protected]
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