Third Eye Capital extends bridge loan facility to QMX Gold
Toronto-based junior mining company QMX Gold Corp (TSX:QMX) has agreed to an extension of a bridge loan facility provided by Third Eye Capital. The deal's terms and conditions will remain subject to those contained in an earlier agreement. Third Eye Capital originally provided the company with US$17.5 million in bridge financing in 2012. QMX Gold also announced that it expects the pending sale of the Snow Lake Property to Northern Sun Mining Corp to close on or before March 31, 2014. Based in Toronto, Third Eye Capital makes investments ranging from $5 million to $50 million in undervalued companies.
29 January 2014•3 mins read
