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.

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.