Mercator Minerals announces that further to the December 12, 2013 press release announcing the proposed business combination between Mercator and Intergeo MMC Ltd., in accordance with the terms of the amended and restated Mineral Park Credit Facility associated with the Transaction, Mineral Park Inc. has entered into copper forward sale contracts [...]
Combination of Mercator and Intergeo to create a new copper-focused base metal company with a robust growth profile and strong financial backing US$100 million investment by Intergeo's controlling shareholder provides ample liquidity to realize the near-term potential of the combined portfolio Addition of the world-class Ak-Sug copper development [...]
Mercator Minerals announces, further to the September 30, 2013, October 31, 2013 and November 15, 2013 press releases, the Company and its indirect wholly owned subsidiary, Mineral Park, has been advised by the syndicate of lenders under the MPI credit facility that an extension of the forbearance in exercising any remedies under the Credit [...]
Mercator Minerals announces, further to the September 30, 2013 and October 31, 2013 press releases, the Company and its indirect wholly owned subsidiary, Mineral Park, have entered into ancillary documentation with the syndicate of lenders under the MPI credit facility to extend the forbearance in exercising any remedies under the Credit Facility [...]