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Amur enters into $10m convertible loan for Russia mine

By:  
Creamer Media Senior Deputy Editor Online
 
MINING FINANCE
Base metals company Amur Minerals has entered into a convertible loan with Cuart Investments and YA II PN to progress development of the Kun-Manie nickel/copper sulphide project in Russian Far East. The investors, which were arranged by RiverFort Global Capital, will lend the company up to $10-million cash in three separate advances, the first $4-million of which will be drawn down this week.
 
 
 
 
 

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