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Emerita Resources Corp. (EMO $1.15)
- $1.15 Cap: $303M
- View EMO Profile
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Q: Emerita announces recent Financing Aug-14 (tranche one drawn). Can you comment on the structure, specifically how it compares to terms in the mining/exploration sector. Is this a win/loss/fair for the company at this stage?

Asked by Rhett on September 24, 2024

5i Research Answer:

It is a loan arrangement, and the first tranche ($6M) has been drawn upon. The deal includes...

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