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    African Copper Receives Additional USD2.0 Million

    Investing News Network
    Jan. 06, 2012 01:37PM PST
    Base Metals Investing

    African Copper (LSE:ACU) has secured an additional loan of USD2.0 million from ZCI Limited.

    African Copper (LSE:ACU) has secured an additional loan of USD2.0 million from ZCI Limited.

    As quoted in the press release:

    The new USD2.0 million loan from ZCI is a secured loan facility with an interest rate of 9.0 per cent., repayable on 31 March 2013 (the “Facility”). Interest will be accrued annually and interest payments deferred until 31 March 2013.

    Click here to read the African Copper (LSE:ACU) press release.

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