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Tacora Resources Inc. Announces Closing of Senior Secured Notes [...] | Comunicati stampa CataniaOggi

12 maggio 2021 06:47
Fonte: Adnkronos
#altro
MONTRÉAL, May 11, 2021 /PRNewswire/ Tacora Resources Inc. ( Tacora or the Company ) today announced that it has successfully completed a $175 million aggregate principal amount of 8.250% senior secured notes due 2026 (the Notes). The Notes will pay interest semi-annually in arrears on May 15 and November 15 of each year beginning on November 15, 2021, and will mature on May 15, 2026, unless earlier redeemed or repurchased.
The net proceeds from the Notes, after payment of related costs and expenses, will be used to refinance the Company s senior secured debt and the remainder will be used for working capital and general corporate purposes.
Our refinancing strategy has been to reduce our borrowing costs, assure adequate liquidity and provide financial flexibility for the business, stated Joe Broking, Executive Vice President and Chief Financial Officer. The new structure will provide Tacora with the capital ....

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Tacora Resources Inc. anuncia el cierre de la oferta de pagarés garantizados sénior

Tacora Resources Inc. anuncia el cierre de la oferta de pagarés garantizados sénior
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Tacora Resources Inc. Announces Closing of Senior Secured Notes Offering

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Tacora Resources Inc. Announces Closing of Senior Secured Notes Offering
May 11, 2021 GMT
TAcora Resources Inc. (PRNewsfoto/Tacora Resources Inc.)
MONTRÉAL, May 11, 2021 /PRNewswire/ Tacora Resources Inc. (“Tacora” or the “Company”) today announced that it has successfully completed a $175 million aggregate principal amount of 8.250% senior secured notes due 2026 (the “Notes). The Notes will pay interest semi-annually in arrears on May 15 and November 15 of each year beginning on November 15, 2021, and will mature on May 15, 2026, unless earlier redeemed or repurchased.
The net proceeds from the Notes, after payment of related costs and expenses, will be used to refinance the Company’s senior secured debt and the remainder will be used for working capital and general corporate purposes. ....

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Labrador Iron Ore Royalty Corporation - 2020 Results of Operations

Labrador Iron Ore Royalty Corporation announced the results of its operations for the year ended December 31, 2020 . To the Holders of Common Shares of Labrador Iron Ore Royalty Corporation The Directors of Labrador Iron Ore Royalty Corporation present the Annual Report for the year ended December 31, 2020 . 83 Years in Labrador West Labrador Iron Ore Royalty Corporation has been involved in Labrador West for 83 …
Labrador Iron Ore Royalty Corporation (“LIORC”) (TSX: LIF) announced the results of its operations for the year ended December 31, 2020 .
To the Holders of Common Shares of Labrador Iron Ore Royalty Corporation
The Directors of Labrador Iron Ore Royalty Corporation (“LIORC” or the “Corporation”) present the Annual Report for the year ended December 31, 2020 . ....

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Tacora Resources Inc. completes acquisition of Sydvaranger

Tacora Resources Inc. ("Tacora" or the "Company") announced in January that it has completed the acquisition of Sydvaranger Mining AS and its subsidiaries ("Sydvaranger"), an iron ore mine and processing ....

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