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Minera Alamos arranges Cerro de Oro funding

Funding like a bridge loan

Paul Harris
Minera Alamos's Cerro De Oro in Zacatecas, Mexico

Minera Alamos's Cerro De Oro in Zacatecas, Mexico

The company signed a term sheet for a $15 million loan facility with a three-year term bearing interest at 1.25% per month on any drawn amount and $10 million for a 2.75% net smelter returns royalty (NSR)...

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