China Nonferrous Gold Ltd - Cayman Islands-based mineral exploration and development company operating Pakrut gold project in Tajikistan - Executes loan agreement with CNMC Trade Company Ltd of up to USD65 million to repay Bank of Shanghai loan facility of USD65 million. Says loan is repayable within three months from June 9. The terms include a monthly interest rate of 0.5%.
The company's loan agreement with Bank of Shanghai was signed in June 2021 for a maximum of 24 months, due for repayment on June 9.
Current stock price: 1.60 pence, down 5.6% on Monday
12-month change: down 72%
By Sabrina Penty, Alliance News reporter
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