NWM Mining Corporation Announces US$5,000,000 Revolving Credit Facility
12.10.2011 | CNW
TSX Venture Exchange
Symbol: NWM
TORONTO, Oct. 12, 2011 /CNW/ - NWM Mining Corporation (the 'Company')
announces that it has entered into a Revolving Credit Facility for US$5,000,000 (the 'Facility') with Renvest Mercantile Bancorp through its Global Resource Fund ('Global'). Uses of proceeds for the Facility include the funding for working capital and expansion costs for mining of the Lluvia de Oro and Jojoba properties, capital expenditures related to the production of gold, and other mine development costs.For more information please see NWM's website at www.nwmcorp.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release
NWM Mining Corporation
CONTACT: Chris Berlet, President & CEO or Chris Chadder, CFO
Phone: 416-364-6799 Fax: 416-364-2595
info@nwmcorp.ca