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BRIEF-McEwen Mining's Unit Executed Line Of Credit Agreement With Banco Nacional De Comercio Exterior, S.N.C. - SEC Filing​
December 4, 2017 / 5:15 PM / in 8 days

BRIEF-McEwen Mining's Unit Executed Line Of Credit Agreement With Banco Nacional De Comercio Exterior, S.N.C. - SEC Filing​

Dec 4 (Reuters) - McEwen Mining Inc:

* SAYS ‍ON NOV 30, UNIT EXECUTED A LINE OF CREDIT AGREEMENT WITH BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C. - SEC FILING​

* SAYS THE LINE OF CREDIT ALLOWS CO‘S UNIT TO BORROW UP TO 120 MILLION MEXICAN PESOS ‍​

* SAYS BORROWING UNDER LINE OF CREDIT WILL BE AVAILABLE FOR ONE YEAR FROM NOV 30

* SAYS UNIT IS PERMITTED TO USE PROCEEDS FROM LINE OF CREDIT TO FINANCE UP TO 90% OF THE VAT REFUNDS RELATED TO COST OF ITS EL GALLO 1 MINING PROJECT​ Source text : ( bit.ly/2AoC03r ) Further company coverage:

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