Day: June 27, 2014

Mercator Minerals Provides Update in Connection with Intergeo Combination

Mercator Minerals Ltd. announces, that in connection with the proposed business combination between Mercator and Intergeo MMC Ltd announced on December 12, 2013, the Company’s wholly owned subsidiary Mineral Park Inc., has recently drawn down a further US$1.0 million under the bridge loan advanced by Daselina Investments Ltd., Intergeo’s controlling shareholder, in connection with the Arrangement, taking the current principal balance outstanding under the bridge loan to US$13.0 million.

Mercator Minerals Provides Update in Connection with Intergeo Combination

Mercator Minerals Ltd. announces, that in connection with the proposed business combination between Mercator and Intergeo MMC Ltd announced on December 12, 2013, the Company’s wholly owned subsidiary Mineral Park Inc., has recently drawn down a further US$1.0 million under the bridge loan advanced by Daselina Investments Ltd., Intergeo’s controlling shareholder, in connection with the Arrangement, taking the current principal balance outstanding under the bridge loan to US$13.0 million.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

All News

INTERA brings the experience and commitment to developing and implementing cost-effective solutions for every phase of mining projects—from planning and development, and construction and operations, to reclamation and closure.