The Global Resource For Connecting Buyers and Sellers

Bushveld subsidiary pays final $1m owed to Barak Fund

Aim-listed Bushveld Minerals’ Bushveld Vametco subsidiary has repaid the final $1-million due to Barak Fund under an $11-million bridge loan. Bushveld Vametco had entered into the bridge loan with Barak as part of its acquisition a 78.8% shareholding interest in Strategic Minerals Corporation from Evraz Group.