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American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) has made the second required annual interest payment on the US$1,500,000 convertible debenture held by International Energy & Mineral Resources Investment (Hong Kong) Company Limited. The Company also reported that the final supplemental Environmental Assessment is underway and due in early January 2015.
As quoted in the press release:
Discussions continue with various groups and individuals interested in financing the CuMo Project towards completion of a Bankable Feasibility Study through silver stream debentures, a royalty interest, and a draw-down line of credit facility contingent on the Company achieving specific milestones.
In other news, preparation of the final supplemental Environmental Assessment report is proceeding on schedule and due for delivery in early January 2015. This report will allow the US Forest Service to deliver their final decisions on the current round of permitting for the CuMo Project.
Click here to read the American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) press release
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