Bushveld Minerals settles outstanding fees, interest with Barak

June 15, 2017

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Vanadium producer Bushveld Minerals’ subsidiary Bushveld Vametco has paid the outstanding $961 010 in fees and interest due to Barak under an $11-million bridge loan facility. BVL had entered into the bridge loan with Barak to help fund the acquisition of a 78.8% interest in Strategic Minerals Corporation. It had already repaid the loan.

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