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Castle Peak Mining Ltd Announces a Loan of $425,000 from Grizal Enterprises Ltd finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Press Release - MINING COM mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
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Vancouver, British Columbia (Newsfile Corp. - April 27, 2021) -
Castle Peak Mining Ltd. (TSXV: CAP) ( Castle Peak or the Company ) announced that Allan Green, a director of the Company, and Candel & Partners SAS, a private company beneficially owned by Allan Green, (together, the Lender) have agreed to lend the amount of $425,000 to the Company (the Loan ). The Loan will be unsecured and bear interest at the rate of 8% per annum. The principal amount of the Loan will mature on April 27, 2022.
The Loan is subject to approval by the TSX Venture Exchange. The proceeds of the Loans will be utilized for working capital for the Company.