TSXV:CAV.H - Post by User
Comment by
Specboy20IIon May 03, 2012 10:18pm
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Post# 19869755
RE: RE: ??
RE: RE: ?? Financing
Following Baja's announcement of projected cost overruns on April 23, 2012, Baja received a number of offers from investment bankers to assist with financings. Baja's financing objective remains to minimize dilution to shareholders.
As part of Baja's review of financing alternatives for the Boleo project, Baja's senior management team is in discussions and meeting with lenders and lender representatives in North America this week, and will travel to Korea next week to meet with the Korean syndicate of industrial companies that owns a 30-per-cent interest in the Boleo project.