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Full Metal Minerals Announces TSXV Approval of the Private Placement, Closing of Shares for Debt Transaction and Fundamental Acquisition, Resumption of Trading and Provides Corporate Update

Full Metal Minerals Announces TSXV Approval of the Private Placement, Closing of Shares for Debt Transaction and Fundamental Acquisition, Resumption of Trading and Provides Corporate Update
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United kingdomBritish columbiaSheryl dhillonPeter voulgarisAlastair brownlowAgnesm koffybergMichael williamsNational instrumentLoan to vendetta mining corpMetal minerals ltdBritish columbia newsfile corpSimilkameen mining divisionResource corpCompany tierRegulation services providerVenture exchange

Vendetta Mining Corp : Vendetta Announces Extending of Loan to Dec 2022

Vendetta Mining Corp.: Vendetta Announces Extending of Loan to Dec 2022 Vancouver, British Columbia (Newsfile Corp. - April 27, 2021) - Vendetta Mining Corp. (TSXV: VTT) ( Vendetta or the Company ) is pleased to announce that it has extended the maturity of the Company s loan with Nebari Natural Resources Credit Fund I LP ( Nebari ) to December 31, 2022. The adjusted material terms of the financing as set forth in the term sheet, include the following: Repayment of the current principal amount of US$1,957,794 extended to December 31, 2022. Principal repayment holiday until December 31, 2021, when quarterly principal repayments of US$200,000 commence. Quarterly interest payments calculated at 9.5% plus 3-month LIBOR, with a floor of 2.5%.

United statesMount isaUnited kingdomBritish columbiaCity ofPeter voulgarisDaniel freumanMichael williamsBritish columbia newsfile corpVenture exchangeVendetta mining corpManaging partnerPegmont lead zinc depositPegmont lead zinc projectArthur mineral provinceMineral resource estimate

Vendetta Mining Corp advancing Pegmont project in Queensland, at the heart of the world s most important lead-zinc belt

Resource estimate lifted three times to date with more potential to come Robust PEA in 2019 What Vendetta Mining Corp does: Vendetta Mining Corp (CVE:VTT) (OTCMKTS:VDTAF) is a Canadian junior explorer, focused mainly on lead and zinc. The company bought the Pegmont lead, zinc project in 2019, which is strategically located in the Mount Isa - McArthur mineral province, the heart of the world’s most important lead-zinc belt in Queensland, Australia. Pegmont is a high-grade, largely open pit resource, which has excellent infrastructure. It also boasts an indicated resource estimate of 5.8 million tonnes at 6.5% lead, 2.6% zinc and 11 grams per ton (g/t) silver. The inferred category hosts 8.2 million tonnes at 5.1% lead, 2.8% zinc and 8 g/t silver.

Mount isaAlastair brownlowJasmine lauMichael williamsQueensland government collaborative exploration initiativeVendetta mining corpCollaborative exploration initiativeMining corpPegmont lead zincQueensland governmentPegmont deeps zincRed fernPegmont deepsஏற்ற ஐசாஅலெஸ்டர் பிரவுன்லோமல்லிகை லாவ்