Bemetals Announces Us$5 Million Funding From Strategic Investor B2Gold Corp
08/05/22, 11:34 AM
Location
vancouver
Money raised
$5 million
Industry
mining technology
mineral
precious metals
mining
VANCOUVER, BC / August 5, 2022 / BeMetals Corp. (TSXV:BMET, OTCQB:BMTLF, Frankfurt:1OI.F) (the "Company" or "BeMetals") announces that it has entered into a loan agreement with strategic investor B2Gold Corp. (TSX:BTO, NYSE American:BTG, NSX:B2G) ("B2Gold") for an unsecured loan in the principal amount of US$5,000,000 (the "Loan"). The Loan matures on August 4, 2025 and bears interest at a rate of 4.7% per annum
Company Info
Location
burrard street
vancouver, washington, united states
Additional Info
BeMetals is a precious and base metals exploration and development company focused on becoming a leading metal producer through the acquisition of quality exploration, development and potentially production stage projects. The Company has established itself in the gold sector with the acquisition of a portfolio of wholly owned exploration projects in Japan. BeMetals is also progressing both its tier-one targeted, Pangeni Copper Exploration Project in the prolific Zambian Copperbelt, and advancing its high-grade, zinc-silver-gold-copper exploration at the South Mountain Project in Idaho. Guiding and leading BeMetals' growth strategy is a strong board and management team, founders and significant shareholders of the Company, who have an extensive proven record of delivering exceptional value in the mining sector, over many decades, through the discovery, construction and operation of mines around the world.