| Home : March 2011 : March 21, 2011 News : Aura Minerals Inc. Announces Arrangement of US$25 Million Revolving Credit Facility and Completion of Debt Restructuring |
Aura Minerals Inc. Announces Arrangement of US$25 Million Revolving Credit Facility and Completion of Debt Restructuring |
March 21, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 21, 2011) - Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX:ORA) is pleased to announce that it has arranged a two year US$25 million revolving credit facility with Barclays Capital ("Barclays Capital"), the investment banking division of Barclays Bank PLC. The credit facility will be used for working capital purposes at the copper-gold-silver Aranzazu Mine in Zacatecas, Mexico and for general corporate purposes. In addition, further to its news release dated March 6, 2011 (see News Release no. 2011-02), the Company has now completed the debt restructuring of its contractual obligations to Yamana Gold Inc.
http://www.marketwire.com/mw/release.do?id=1414478&sourceType=3
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