Has received a $5.9-million loan repayment from Changing Longxin Mining Co., Ltd in October. The Company signed a loan agreement with Longxin Mining for a loan of $14.6 million in 2018. The Note was secured by 100% equity interest in Longxin Mining and all assets of Longwanshang Gold Mine. In addition, the Note is guaranteed by both Longxin Mining's shareholders and a real estate company controlled by them, including land, real estate and cash security. Minco Silver Corporation shares T.MSV are trading down $0.01 at $0.16.
Stocks in play: Minco Silver Corporation
Baystreet.ca - Baystreet - Contributor Content
This article could contain syndicated content. We have not reviewed, approved, or endorsed the content and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here