DNA Precious Metals closes $500k facility with Chicago PE firm
DNA Precious Metals Inc (OTCQB: DNAP) said Thursday that it has completed a credit facility of $500,000 from an unnamed Chicago-based private equity firm. According to DNA, the capital will be used to help finance a production facility for the processing of Anacon Lead mining residues on the Montauban mine property. Headquartered in Saint-Léonard, Québec, DNA is an exploration-stage mining producer. Update: In February, the company announced it had received a credit facility of up to $10 million from the private equity firm.
1 May 2014•2 mins read
