EVBC Loan to be Repaid by November 30, 2014 New Working Capital Line of US$6.5 million Established TORONTO, ONTARIO--(Marketwired - Jun 30, 2014) -
Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announces that Kinbauri España S.L.U. ("Kinbauri"), its wholly-owned Spanish subsidiary, has agreed to restructure its loan agreement maturing September 30, 2016 (the "EVBC Loan") relating to its El-Valle Boinás and Carlés Mines in Spain (the "EVBC Mines"). The initial principal amount of the EVBC Loan was $64 million with proceeds primarily used to complete the construction of the EVBC Mines. The principal balance outstanding on April 2, 2014 was $37.5 million. The amendments, expected to be effective July 11, 2014 (the ...
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