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Investec amends Buffalo Coal term loan, revolving credit facility

By:  
Creamer Media Social Media Editor & Senior Writer
 
COAL
Coal miner Buffalo Coal Dundee, a wholly-owned subsidiary of TSX-V- and AltX-listed Buffalo Coal, has entered into an amendment to its term loan and revolving credit facility with Investec Bank. Pursuant to the amendment, the working capital facility under the Investec facility was increased by R16-million (about C$1.75-million) to R96-million (about C$10.5-million), with the aggregate Investec facility increasing from R220-million (about C$24-million) to R236-million (about C$26-million).
 
 
 
 
 

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