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IN BRIEF: China Nonferrous Gold signs extension to loan agreement

26th Mar 2021 17:44

China Nonferrous Gold Ltd - Cayman Islands-based mineral exploration and development company - Extends the repayment period for the loans that are in place with CNMC Trade Co Ltd and CNMC International Capitals Co Ltd, worth USD146.5 million and USD70 million, respectively. The company says it has total debt facilities of USD328 million at this current time. China Nonferrous Gold notes it continues to engage with commercial banking partners to explore a wider refinancing of the business.

Current stock price: 8.50 pence

Year-to-date change: down 6.9%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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