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Rodinia Lithium Obtains $2M Credit Facility on Standby from Shareholder
Feb. 27, 2013 09:11PM PST
Battery MetalsRodinia Lithium Inc. (TSXV:RM) announced that it has secured a $2 million standby credit facility from a significant shareholder, Aberdeen International Inc.
Rodinia Lithium Inc. (TSXV:RM) announced that it has secured a $2 million standby credit facility from a significant shareholder, Aberdeen International Inc.
As quoted in the press release:
Under the Credit Facility, Rodinia has the ability to draw down amounts up to a maximum of $2.0 million (subject to the terms of the Credit Facility), with repayment of any draw down to be made by February 25, 2016.
Click here to read the full Rodinia Lithium Inc. (TSXV:RM) press release.
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