NWM Mining Corporation : NWM Successfully Negotiates Extension of Debt Facility to June 2013
NWM Mining Corporation announces an extension of the debt facility coming due in December 2012 to June 14, 2013. US $500,000 of interest payable in September and October will be capitalized in the form of a convertible debenture with a strike price of $0.06 due September 20, 2013. This convertible bears interest at a rate of 15% and is not subject to amortization repayments. A cash payment of $150,000 is payable and 10,500,000 common shares of NWM will be issued on closing.









