Brief: Orvana says US$ 12.5 million prepayment financing with SAMSUNG C&T

Orvana Minerals

27/07/2016 14:04

July 27 (Reuters) - Orvana Minerals Corp ORV.TO :  
    * Will sell gold doré from its el valle mine in Spain and 
copper concentrate from its don mario mine in Bolivia to Samsung 
C&T 
    * Orvana announces US$ 12.5 million prepayment financing 
with SAMSUNG C&T 
    * Orvana Minerals says obligations to SAMSUNG C&T under 
facility are secured by pledge of all of Orvana's shares of its 
unit Orovalle Minerals S.L.U. 
    * Will sell gold doré from mine in Spain,copper concentrate 
from mine in Bolivia to SAMSUNG C&T, on exclusive basis for 30 
months 
 
Source text for Eikon:  ID:nCNWNxJgta  
Further company coverage:  ORV.TO  
 
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