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Minera Alamos arranges Cerro de Oro funding

Minera Alamos has arranged a US$25 million funding package for the development of its Cerro de Oro gold project in Zacatecas, Mexico, which is currently in permitting.

Minera Alamos arranges Cerro de Oro funding Minera Alamos arranges Cerro de Oro funding Minera Alamos arranges Cerro de Oro funding Minera Alamos arranges Cerro de Oro funding Minera Alamos arranges Cerro de Oro funding

Minera Alamos's Cerro De Oro in Zacatecas, Mexico

The company signed a term sheet for a $15 million loan facility with a three-year term bearing interest at 1.25% per month on any drawn amount and $10 million for a 2.