https://afritinmining.com/https://www.metalbulletin.com/Article/3908150/AfriTin-Mining-receives-5m-loan-from-AfriMet-Resources-amid-Uis-phase-1-ramp-up.html AfriTin Mining receives $5m loan from AfriMet Resources amid Uis phase 1 ramp up Mining company AfriTin Mining has raised 3.8 million ($5 million) through the establishment of an unsecured convertible loan note agreement with Switzerland-based trading house AfriMet Resources, the company said on November 26. The agreement was made for a total amount of 3.8 million, in which the notes are allocated at a value of 100,000 each under 18-month terms, and will hold an interest rate of 10% per annum payable on the redemption or conversion of the notes. AfriMet Resources, a subsidiary of commodity trading house Vanomet AG, remains the beneficiary of the loan notes, while the...