Ord River Resources Ltd. has entered into three separate unsecured loan agreements with private investors. The loan agreements give Ord the immediate ability to borrow up to $900,000 in total for the purpose of financing its Plutonic Dome Project farm-in and joint venture with Dampier Gold Ltd. There is a 4% arrangement fee and the loans bear interest at 7% per annum, payable monthly in arrears. They are repayable 12 months from the date of the loan agreements, although Ord may repay the loan at any time without penalty.
1st Jan change | Capi. | |
---|---|---|
-15.37% | 146B | |
-13.20% | 112B | |
-2.88% | 72.47B | |
+12.04% | 46.32B | |
-7.52% | 44.17B | |
+15.45% | 35.89B | |
+105.63% | 33.45B | |
+18.32% | 25.1B | |
+75.34% | 20.21B |