Altaley Mining Corp CEO Ralph Shearing joined Steve Darling from Proactive to share news the company has closed a 12 million dollar Accendo Banco Mid Term Loan Facility.
Shearing telling Proactive, this was a very key move for the company because, with this closed, this now allows the restructuring agreements with Trafigura Mexico and Nyrstar Canada to proceed which will clean up the balance sheet by moving 26 million dollars in debt from short to long term.