Euro Sun Mining settles convertible security funding agreement, amends NSR for Rovina Valley

Euro Sun Mining Inc (TSX:ESM, OTC:CPNFF) has settled the outstanding convertible security funding agreement (CFSA) with Lind Global Fund II, LP using proceeds from a recently negotiated net smelter return (NSR) royalty arrangement. Additionally, the company has amended and restated the NSR agreement, increasing the net smelter return royalty on all copper produced at the Project from 0.5% to 1% upon exercise of the NSR sale right, in exchange for an enhanced initial payment of C$2.625 million.