JOHANNESBURG (miningweekly.com) – Vanadium producer Bushveld Minerals’ subsidiary Bushveld Vametco Limited (BVL)has paid the outstanding $961 010 in fees and interest due to Barak under an $11-million bridge loan facility.
BVL had entered into the bridge loan with Barak to help fund the acquisition of a 78.8% interest in Strategic Minerals Corporation. It had already repaid the loan.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
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