Woulfe Mining Corp WFEMF

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Big Fi

[StockExpertPro]

That is incorrect! Read the press release IMC must beat the bank offer or WOF will reject it. Why Woulfe Mining say yes to the same terms or rate without getting a better deal? Woulfe may inject equity directly into the new APT joint venture without taking any loan from IMC. This means IMC must offer a better interest loan rate then the bank.

Woulfe will have the option to finance its 45% ownership of the APT joint venture through an up to CDN$15.75 million loan, to be made available to Woulfe by IMC, which may be repaid in tungsten concentrate produced by Sangdong. Alternatively, Woulfe may inject equity directly into the new APT joint venture without taking any loan from IMC.

https://www.woulfemining.com/s/NewsReleases.asp?ReportID=509691&_Type=News-Releases&_Title=Woulfe-Mining-Corp.-and-International-Metalworking-Companies-Execute-Strate...

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