Avanti gets additional funding for Kitsault mine
Jul 08, 2013 | 02:23 PM
| Daniel Fitzgerald
NEW YORK Avanti Mining Inc. has obtained $10 million in additional funding for the development of its Kitsault molybdenum mine in northern British Columbia.
The Vancouver, British Columbia-based company has entered into a binding and committed term sheet with CEF Holdings Ltd. and Resource Capital Fund IV LP (RCF) that extends and restructures its existing $20-million bridge loan.....
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