Meridian Mining UK Societas T.MNO

Alternate Symbol(s): MRRDF

Metals & Mining Industrial Metals & Minerals

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The Espigao Project is located on the southwest margin of the Amazon Craton, in the western margin of the Proterozoic Rondonia-Juruena Province. The Company’s Espigao Project covers an area of 72,800 hectares. The Company holds mineral rights totaling 55,559 Ha in the Mirante da Serra Project. The licenses cover an area with an intracratonic basin in the Amazon Cratin, emplaced over crystalline basement rocks of the Jamari metamorphic complex and Mesoproterozoic Rapakivi granites. Its Ariquemes Tin Project comprises a land package in Brazil.

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Meridian Mining UK Societas

Bullboard Posts

Comment by TFSAfundson Apr 28, 2016 11:06am

140 Views

Post# 24820262

RE:RE:Rats

Palfryville, welcome to the board. Good question! My opinion is that they couldn't
do it! The $2 million is a loan, not a LOC. not revolving. The loan was for the Cacoal
Settlement and for "general corporate purposes". Any other use of the funds would
require permission from Ferrometals/Sentient and I doubt they would loan us any
more money to decrease their own interest BMC. I think the Cacoal Settlement might
have created problems if Cancana couldn't effectively deal with it, monetarily.

Oh, and don't be intimidated by the prime pumper and pumperette. Questioning
management is not allowed on this board, according to them. Just consider one
obnoxious and the other a moron...

Bullboard Posts

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