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Canada Lithium to Receive C$75-Million for Quebec Lithium Project
Feb. 13, 2012 12:49PM PST
Battery MetalsCanada Lithium Corp. (TSX:CLQ) reported that The Bank of Nova Scotia and Caterpillar Financial Services committed to give a C$75-million of five-year debt facility for development of Québec Lithium Project.
Canada Lithium Corp. (TSX:CLQ) reported that The Bank of Nova Scotia and Caterpillar Financial Services committed to give a C$75-million of five-year debt facility for development of Québec Lithium Project.
As quoted in the press release:
The debt facility will be supported by a financial guarantee from Investissement Québec. In addition to the debt facility, Cat Financial will provide up to US$17-million lease financing for the mobile mining equipment.
Click here to read the Canada Lithium Corp. (TSX:CLQ) press release.
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