- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Franconia Minerals Corporation (TSE:FRA) reports that it has received a single advance loan of Cdn$1 million from a private lender for working capital and other general corporate purposes.
The press release is quoted as saying:
The Loan is secured, bears interest at a rate of 15% per annum, compounds and is payable monthly and is due on December 2, 2011. The Loan may be prepaid at Franconia’s election in whole or in part at any time. In addition, the lender may demand repayment upon the occurrence of certain events. As consideration for advancing the Loan, the lender was paid a set up fee and a cash commission and is entitled to a bonus payment upon prepayment or repayment of the Loan.
Outlook Reports
Featured Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2392.16 | +15.39 | |
Silver | 28.78 | +0.32 | |
Copper | 4.28 | +0.03 | |
Oil | 85.88 | +0.29 | |
Heating Oil | 2.68 | +0.02 | |
Natural Gas | 1.76 | -0.01 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.