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IN BRIEF: China Nonferrous Gold signs new loan agreement

23rd Jun 2021 20:23

China Nonferrous Gold Ltd - Cayman Islands-based mineral exploration and development company - Agrees with Bank of Shanghai (Hong Kong) Ltd for a loan facility of up to USD65 million. The loan facility is for a maximum of 24 months and is repayable 24 months from the drawdown. The terms include an annual interest rate at 1.3% plus three month london interbank offered rate.

Current stock price: 7.70 pence

Year-to-date change: down 16%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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CNG.L
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