Avanti Mining Closes $30M in Bridge Loans From RCF, CEF
Vancouver's Avanti Mining Inc. (TSX-V: AVT), a molybdenum exploration and development company whose primary Avanti Kitsault Mine project is located in northern British Columbia, has closed its previously announced US$10 million secured bridge loan from U.S. mining-focused private equity firm Resource Capital Funds (RCF), which owns 37% of the company's shares. Avanti also closed the restructuring and extension of an existing US$20 million bridge facility from RCF and CEF Holdings Ltd.
18 July 2013•4 mins read
