Canamex Gold Corp (C-CSQ) - News Release
Canamex Gold closes $25-million term loan
2020-12-22 17:09 ET - News Release
Shares issued 61,496,051
Mr. Kevin Harrigan reports
CORSA ANNOUNCES RECEIPT OF FUNDING UNDER MAIN STREET LENDING PROGRAM
Corsa Coal Corp.'s previously announced $25-million five-year secured term loan between certain of its subsidiaries, as borrowers, and KeyBank National Association, as lender, under the Main Street lending program established by the board of governors of the United States Federal Reserve System, has closed and has been funded.
For further details regarding the term loan, including its terms and conditions and the company's anticipated use of proceeds, please see the company's Dec. 21, 2020, press release.
Information about Corsa
Corsa is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. The company's core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets.
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