Callidus Capital extends $11 mln loan to North American Tungsten
Callidus Capital Corp, a specialty lending platform owned by Canadian private equity firm Catalyst Capital Group, has extended an $11.0 million loan to North American Tungsten Corp Ltd (TSX-V: NTC). Proceeds will be used to repay an operating loan facility, equipment loans and capital leases, and for working capital and investment in capital projects. Based in Vancouver, North American Tungsten is focused on the operation, development and acquisition of tungsten and other related mineral properties in Canada.
16 May 2014•4 mins read
