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Eagle Mountain Mining Secures Favorable Loan Terms to Advance Oracle Ridge Project

Story Highlights
  • Eagle Mountain Mining renegotiated its loan with Vincere, securing a discount and extended deadlines.
  • The renegotiation supports Eagle Mountain’s strategy to advance the Oracle Ridge Project with new partnerships.
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Eagle Mountain Mining Secures Favorable Loan Terms to Advance Oracle Ridge Project

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An announcement from Eagle Mountain Mining Ltd. ( (AU:EM2) ) is now available.

Eagle Mountain Mining Limited has successfully renegotiated its loan agreement with Vincere Resource Holdings LLC, allowing for a significant discount on early repayment and an extension of repayment deadlines. This renegotiation is part of Eagle Mountain’s broader strategy to secure long-term access to the Oracle Ridge Project and partner with reputable mining companies to advance the project towards production.

More about Eagle Mountain Mining Ltd.

Eagle Mountain Mining Limited is a copper-gold exploration company focused on the strategic exploration and development of the Wedgetail and Silver Mountain Projects in Arizona, USA. Arizona is a significant region in the mining industry, known for some of the world’s largest copper discoveries.

Average Trading Volume: 11,001,920

Technical Sentiment Signal: Sell

Current Market Cap: A$9.08M

For a thorough assessment of EM2 stock, go to TipRanks’ Stock Analysis page.

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