Monday, August 16, 2021
10:09 AM EST – Monarch Mining Corporation : Announced the closing on August 13, 2021, of the previously announced $13.5 million senior secured term loan agreement with Investissement Québec. The Loan has a three-year term and bears interest at an annual rate of 6% until the restart of the Beaufor Mine and Beacon Mill, 5% during the first year of production and 4% for the subsequent years, subject to certain pre-established terms and conditions. Monarch Mining Corporation
(T.GBAR) shares were unchanged at 0.88.
Stocks in Play: Monarch Mining Corporation , Mon, 16 Aug 2021 10:12:10 EST