NWM Mining Corporation NWMMF

FYI - it looks like the Jaguar/Renvest payback is still a go

[production05]

Jaguar Mining revised the terms of their convertible debenture deal and hope to close it off this month. They still intend to pay back Renvest (early) with some of the funds from the debenture.

It looks like they already paid back $2 million to Renvest since the orginal NR on Feb. 27/15 - the balance owing from Jaguar to Renvest decreased from $12.4M to $10.4M (now). This $2.0M payment amount could have been the source of Renvest`s funding, with regards to the additional demand loans provided to NWM Mining in March and April of this year.

We`ll have to wait and see what (if anything) Renvest decides to do with the remaining $10.4 million in cash they will receive from Jaguar Mining once the the debenture closes.

Here is Jaguar`s NR:

https://www.newswire.ca/en/story/1529411/jaguar-mining-revises-terms-of-previously-announced-offering-of-senior-secured-convertible-debentures