FILO MINING ANNOUNCES SHARE ISSUANCE PURSUANT TO CREDIT FACILITY
22 Januar 2018 - 11:30PM
FILO MINING ANNOUNCES SHARE ISSUANCE PURSUANT TO CREDIT
FACILITY
Filo Mining Corp. ("Filo Mining or
the “Company”) (TSX Venture:FIL) (Nasdaq First
North:FIL) ("Filo Mining", "Filo", or the
"Company"), reports that it has issued 6,000 common shares
to Zebra Holdings and Investments S.a.r.l., in consideration of a
previously announced US$2,000,000 credit facility, following
acceptance of the transaction by the TSX Venture Exchange. The
6,000 issued common shares are subject to a four (4) month hold
period ending on May 23, 2018.
For further details concerning the terms of the
credit facility, please refer to the Company’s news release dated
January 12, 2018.
ABOUT FILO MINING CORP.
Filo Mining's flagship project is its 100%
controlled Filo del Sol Project located on the border between San
Juan Province, Argentina and Region III, Chile. Filo del Sol is
located between the prolific Maricunga and El Indio Gold Belts, two
major mineralized trends that contain such deposits as Caspiche, La
Coipa, Veladero, El Indio, and Pascua Lama. The region is
mining-friendly and hosts a number of large-scale mining
operations. The project area is covered under the Mining
Integration and Complementation Treaty between Chile and Argentina,
which provides the framework for the development of cross border
mining projects.
Additional Information
Filo Mining is listed on the TSX-V and Nasdaq
First North Exchange under the trading symbol "FIL". Pareto
Securities AB is the Company's Certified Adviser on Nasdaq First
North.
This information was submitted for publication,
through the agency of the contact person set out below, on January
22, 2018 at 2:30 p.m. Vancouver Time.
On behalf of the Board of Directors of Filo
Mining,
Adam I. Lundin, President and CEO
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
http://prlibrary-eu.nasdaq.com/Resource/Download/1efad5d7-f7aa-4005-96cd-6a2fe98957e6
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