Brief: Kopy Goldfields raises loan SEK 3.3 mln from shareholders and management

Kopy Goldfields AB (publ)

20/10/2015 07:28

Oct 20 (Reuters) - Kopy Goldfields publ AB  KOPY.ST : 
    * Loan of 3.3 million Swedish crowns ($397,719.74) in total has been raised from main 
shareholders and management 
    * Loan is due for repayment when conditional consideration has been received, but latest on 
Sept. 30, 2016 
    * Loan bears an arrangement fee of 10 percent and an annual interest rate of 10 percent 
    * Coming Russian reserve report is expected to show more than 9 tons of gold, which is the 
basis for receiving a $2 million additional consideration following the finalization of the 
current exploration program 
 
     
Source text for Eikon:  ID:nBQN15909y  
     
Further company coverage:  KOPY.ST  
 
 
($1 = 8.2973 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))