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Endeavour gets US$120M Terronera loan

Endeavour Silver has executed a credit agreement for a senior secured debt facility for up to US$120 million for the construction of the underground mine and mill at the Terronera silver and gold project in Jalisco, Mexico.

Paul Harris
Endeavour Silver's Terronera in Jalisco, Mexico

Endeavour Silver's Terronera in Jalisco, Mexico

The debt facility, secured through a first-ranking security interest over Terronera, is for an 8.5-year term, including a two-year grace period during construction, with interest charged at the US Secured...

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