Amur Minerals Corporation (“Amur” or the “Company”), a nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that it has today entered into a convertible loan facility (the “Convertible Loan”) of up to US$10 million with Cuart Investments PCC Ltd and YA II PN Ltd (the “Investors”), in an investment consortium arranged by RiverFort Global Capital Ltd.
Highlights:
- The Convertible Loan of up to US$10 million consists of three advances with the initial advance of US$4 million to be drawn down tomorrow by the Company.