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Bullboard - Stock Discussion Forum Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El... see more

TSX:ORV - Post Discussion

Orvana Minerals Corp > EMIPA-Bond Program
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Post by JUANTOTHESTARS2 on Dec 01, 2023 8:20pm

EMIPA-Bond Program

  • EMIPA expects to commence the bonds offering in the next few weeks, the closing of which would be conditional upon securing the remaining of OSP financing structure as summarized above.
  • Bonds Program highlights:

Total Offering Amount: Bs 327.120.000,00 ($47 million)
Units: 32.712
Face value: Bs. 10.000,00 / unit
Term: 1,080 days (since issuance date)
Interest rate: 6.8%
Security: Don Mario Plant – New circuits
Covenants: financial ratios (debt coverage, debt coverage third parties and leverage).

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