Copperex Resources Corp
TSXV:CUEX

  • LAST PRICE
    0.2600
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.2400/ 68
  • Ask / Lots
    0.2600/ 2
  • Open / Previous Close
    --- / 0.2600
  • Day Range
    ---
  • 52 Week Range
    0.1800
    1.0000
  • Volume
    ---

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  • Yesterday

  • Oct 14, 2024

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    • 2:19PM ET on Monday Oct 14, 2024 by Dow Jones
      Companies Mentioned: CUEX

      Vancouver, British Columbia--(Newsfile Corp. - October 14, 2024) - CopperEx Resources Corp. (TSXV: CUEX) (the "Company" or "CopperEx") announces that it has entered into a loan agreement with an arm's length private lender in connection with a US$12.5 million unsecured loan (the "Loan") on favourable terms to advance its portfolio of mineral projects in Chile and Peru. The Loan will have a term of ten years and will accrue interest at a rate of 3.5% per annum. No interest will accrue or is to be paid during the first two years, and for the third year, a moratorium year will allow the accrual and no payment of interest, resulting in no payment of interest for the first three years following funding. The Company is working with the lender to facilitate funding, but no definitive timeline has been established and there can be no assurance that the Company will be successful in facilitating the funding of the Loan. The full loan amount total of US$12.5 million is to be transferred to CopperEx upon closure and initial funding.

    • 2:18PM ET on Monday Oct 14, 2024 by Newsfile
      Companies Mentioned: CUEX

      Vancouver, British Columbia--(Newsfile Corp. - October 14, 2024) - CopperEx Resources Corp. (TSXV: CUEX) (the "Company" or "CopperEx")  announces that it has entered into a loan agreement with an arm's length private lender in connection with a US$12.5 million unsecured loan (the "Loan") on favourable terms to advance its portfolio of mineral projects in Chile and Peru. The Loan will have a term of ten years and will accrue interest at a rate of 3.5% per annum. No interest will accrue or is to be paid during the first two years, and for the third year, a moratorium year will allow the accrual and no payment of interest, resulting in no payment of interest for the first three years following funding. The Company is working with the lender to facilitate funding, but no definitive timeline has been established and there can be no assurance that the Company will be successful in facilitating the funding of the Loan. The full loan amount total of US$12.5 million is to be transferred to CopperEx upon closure and initial funding.

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