Mineros looks to finance acquisition in Nicaragua
Mineros looks to finance acquisition in Nicaragua
May 7, 2021 Colombian gold miner plans to borrow up to $25 mln to pay for full ownership of the Luna Roja exploration project
LoansProject & Infrastructure FinanceM&AColombiaNicaraguaCentral America Colombian gold miner Mineros said it plans to borrow up to $25 million to fund the acquisition of the Luna Roja exploration project in Nicaragua.
The Medellín-based company will take out the loans in Colombia and Nicaragua at available rates with backing from Mineros Aluvial, one of its divisions in Colombia, if necessary, it said in a securities filing on Wednesday.
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