18
Dec
20:16
Canada Nickel extends loan repayment
Nickel-sulphide miner Canada Nickel is extending its repayment date for a $12 million loan from Auramet International by one month.
Kallanish understands that Canada Nickel's repayment amount of $185,519 to Auramet is now due on 18 January. An extension fee of 1.5%, or approximately $2,783, will be added to the transaction. This loan would carry an interest rate of 1.25% for the extension period. In addition, the company has agreed with Auramet to issue 3…
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