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First Nickel Acquires $5M Loan from West Face Capital
Mar. 06, 2013 04:50PM PST
Base Metals Investing First Nickel Inc. (TSX:FNI) announced that it has entered into a loan agreement with West Face Capital Inc. in the amount of $5M, which will be used for working capital.
First Nickel Inc. (TSX:FNI) announced that it has entered into a loan agreement with West Face Capital Inc. in the amount of $5M, which will be used for working capital.
As quoted in the press release:
Further to the Company’s press releases dated January 3, 2013 and February 7, 2013, FNI will be seeking to restructure outstanding indebtedness and to obtain additional, longer-term sources of financing in the near term in order to improve liquidity and continue the build-out of the Lockerby Mine.
Click here to read the full First Nickel Inc. (TSX:FNI) press release.
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