Location

TORONTO, Oct. 12, 2011 /CNW/ – NWM Mining Corporation (the “Company”) (TSX-V: NWM) announces that it has entered into a Revolving Credit Facility for US$5,000,000 (the “Facility”) with Renvest Mercantile Bancorp through its Global Resource Fund (“Global”). Uses of proceeds for the Facility include the funding for working capital and expansion costs for mining of the Lluvia de Oro and Jojoba properties, capital expenditures related to the production of gold, and other mine development costs.

SHARE THIS POST?

Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Email

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.