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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Comment by namsocon Jan 28, 2015 12:51pm
129 Views
Post# 23372804

RE:COS debt is in $US

RE:COS debt is in $USFrom The Q3 Report

The debt is US Notes.  Money borrowed to pay for part of the Capex for last two years


Fair Values

The fair values of cash and cash equivalents, accounts receivable, reclamation trust investments, accounts payable and accrued liabilities, and amounts drawn on the credit facility recorded as long-term debt approximate their carrying values due to the short-term nature of those instruments. The following fair values of long-term debt are based on Level 2 inputs to fair value measurement, which represent indicative bids or spreads for a round lot transaction within the relevant market:


September 30 December 31    As at ($ millions) 2014 2013

8.2% Senior Notes due April 1, 2027 (U.S. $73.95 million) $ 109 $ 95

7.9% Senior Notes due September 1, 2021 (U.S. $250 million) 353 321

6.0% Senior Notes due April 1, 2042 (U.S. $300 million) 384 323

4.5% Senior Notes due April 1, 2022 (U.S. $400 million) 473 425

7.75% Senior Notes due May 15, 2019 (U.S. $500 million) 677 636

                                                          Total                $ 1,996 $ 1,800

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