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IN BRIEF: China Nonferrous repays USD9.3 million of outstanding loan

29th Jun 2021 14:31

China Nonferrous Gold Ltd - Cayman Islands-based mineral exploration and development company - Repays USD9.3 million of outstanding loan with CNMC International Capitals Company Ltd using its cash reserves. The total outstanding loan facility with CNMC International is now USD60.7 million, with repayment due by the end of December 2022.

Currently, loans drawn down by the company total around USD319.5 million, including USD99.6 million of banking facilities, China Nonferrous says.

Current stock price: 7.25 pence

Year-to-date change: down 21%

By Will Paige; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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