Rodinia Lithium Inc. (TSXV:RM) announced that it has secured a $2 million standby credit facility from a significant shareholder, Aberdeen International Inc.
As quoted in the press release:
Under the Credit Facility, Rodinia has the ability to draw down amounts up to a maximum of $2.0 million (subject to the terms of the Credit Facility), with repayment of any draw down to be made by February 25, 2016.
Get Our Expert Guide to Lithium Investing - FREE!
Click here to download your FREE INN Report on the lithium market, "Lithium Forecast & Lithium Stocks To Buy".