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Copper Mountain Project Gets Debt Financing Accords for $322 Mln
Jun 1, 2010 08:51Source:SMM
May 31 (Bloomberg) -- Copper Mountain Mining Corp. said it had project finance agreements for $322 million that were executed by Similco Mines Ltd. for the copper mountain project in southern British Columbia.
The financing consists of a senior credit agreement for $162 million provided by a consortium of lenders, including the Bank of Tokyo-Mitsubishi UFJ Ltd. and Mizuho Corporate Bank Ltd., and a term loan of $160 million from Japan Bank for International Cooperation.
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