Post by
barrywhit on Feb 16, 2021 7:30am
Financing News
VANCOUVER, BC, Feb. 16, 2021 /CNW/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to announce that it is in final negotiations with Nebari Natural Resources Credit Fund I, LP ("Nebari") to provide financing of US$6.34 million (the "Principal Amount"), including a US$500,000 bridge loan that has now been funded (collectively, the "Financing").
Comment by
hipfner on Feb 16, 2021 9:05am
Disturbing that they ran out of money and needed this $500,000 bridge loan to get them to the Feb 28 financing close (the hoped for date) of $6.34mil.
Comment by
barrywhit on Feb 16, 2021 9:52am
hipfner, Very disturbing that we are short of money, i'm afraid i have been disappointed since the days of the merger......