Post by
Whampoa on Dec 23, 2021 1:50pm
Nebari credit maturity extended 2 years, and more
Excelsior Mining Corp. and its wholly owned subsidiary Excelsior Mining Arizona Inc. have agreed with Nebari Natural Resources Credit Fund I LP to extend the maturity date of its existing $15-million (U.S.) credit facility to Sept. 29, 2023. In addition, subject to the satisfaction of certain conditions, Nebari has agreed to provide an additional $15-million (U.S.) credit facility (increasing the total facility to $30-million (U.S.)) and further extend the maturity date of the facility to July 31, 2024.