DNA Precious Metals receives $10 mln credit facility from Chicago PE firm
DNA Precious Metals Inc (OTCQB: DNAP) said Thursday that it has received a revolving credit facility of up to $10 million from an unnamed Chicago-based private equity firm. According to the company, the financing will be used for operating capital, to fund mining acquisitions, and for future production. Headquartered in Saint-Léonard, Québec, DNA is an exploration-stage mining producer. Update: the company is currently focused on near-term production of the Montauban tailings mine in Portneuf County, Québec.
20 February 2014•3 mins read
