Atico Announces Amendment and Extension of US$10 Million Credit Facility
VANCOUVER, British Columbia, Aug. 08, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) is pleased to announce that it has entered into an amendment and restatement agreement with Trafigura PTE. LTD. (the “Lender”) to amend the US$ 10 million credit agreement entered into with the Lender in February 2022 (see Atico’s press release dated February 9, 2022), by extending the maturity date of the credit facility from August 8, 2024, to July 31, 2026, with the following principal repayment schedule:
Related news for (ATCMF)
- Atico Mining Announces Execution of Term Sheet with Trafigura to Restructure Outstanding Credit Facility
- Atico Mining Announces Launch of Rights Offering and Concurrent LIFE Offering
- Atico Mining Signs New 30-Year Title for El Roble Mine and Receives Ruling Clarification from Tribunal
- Atico Mining Provides an Update on New Title Negotiations with The National Mining Agency and New Repayment Terms for Trafigura Facility
