Woulfe gets $350,000 loan; Sangdong is delayed again

Jan 24, 2014 | 11:11 AM | Daniel Fitzgerald

Tags  Woulfe Mining, Sangdong project, Dundee, tungsten, molybdenum, project financing, Daniel Fitzgerald

NEW YORK — Woulfe Mining Corp. will receive a $350,000 loan from major shareholder Dundee Corp. as commissioning of its Sangdong tungsten-molybdenum project continues to lag earlier forecasts.

The loan, which has been approved by Woulfe’s board, is subject to approval by the TSX Venture Exchange, the company said in a statement.....

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