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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Comment by Hultholmon Jul 21, 2013 2:51pm
223 Views
Post# 21620596

RE:RE:Just a touch

RE:RE:Just a touch Toronto, Ontario, February 21, 2013 - Seafield Resources Ltd. (“Seafield” or “the Company”) (TSX-V: SFF) is pleased to announce that it has executed an agreement with RMB Australia Holdings Limited ("RMB") for a CAD $16.5 million loan facility ("Facility"), arranged by RMB Resources Inc., the resource financing division of the FirstRand Group of South Africa. The use of proceeds is to fully fund the bankable feasibility study (“BFS”) for the Company’s Miraflores Deposit and general corporate purposes.

They can't be low on cash already?
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