Coronado Resources Ltd. announced yesterday that the company will increase its loan to Skyrun Technology Corp. (Skyrun) by CAN$80 000 in support of its acquisition of the company announced on 28 August 2018. The loan increase will be secured and bear interest at the business prime rate quoted from time to time by the Bank of Canada plus 2%. The loan will mature on the first anniversary from the date the monies are advanced and may be repaid in advance without bonus or penalty.
Trading in Coronado's shares will remain halted pending closing of the Skyrun acquisition and final approval by the TSX Venture Exchange.
Read the article online at: https://www.globalminingreview.com/finance-business/12032019/coronado-provides-update-on-skyrun-technology-acquisition/
In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »
Rio Tinto has noted the unanimous approval by the Mongolian parliament of a resolution that instructs the government to look for ways to improve the implementation of various legislations.
