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China Nonferrous Gold Limited (CNG)
China Nonferrous Gold Limited (CNG) News

CNG China Nonferrous Gold Limited

1.30

0.00 (0.00%)

Last Updated: 01:00:00

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
China Nonferrous Gold Limited	LSE:CNG	London	Ordinary Share	KYG215771042	ORD USD0.0001 (DI)

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	1.30						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Gold Ores	68.53M	-287.04M	-0.7507	-0.02	4.97M

China Nonferrous Gold Agrees $46.6 Million Loan

22/01/2021 8:18am

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By Anthony O. Goriainoff

China Nonferrous Gold Ltd. said Friday that it has agreed a $46.4 million loan with China CITIC Bank Corporation Ltd.

The AIM-listed, Tajikistan-focused gold mining company said the loan is for a maximum of 12 months and is repayable 12 months from first drawdown. It added the facility carries a 2.70% annual interest rate plus 6-month LIBOR, and that the loan will be guaranteed by China Nonferrous Metal Mining (Group) Co., Ltd.

"Approximately $20 million of the CITIC Loan is expected to be drawn down shortly and will be used for the replacement of CCB Macau loan of $20 million which is due in January 2021," the company said.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

January 22, 2021 03:03 ET (08:03 GMT)