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GPPRF / Cerro de Pasco Resources secures $25M financing deal for Santander mine development

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) Inc announced it has secured a significant financing deal of around US$25 million to strengthen its balance sheet during the physical development stage of the Santander Pipe Project at its Santander Mine in Peru. Under the terms of the agreement, CDPR will receive a loan facility of up to US$8 million from Arena Investors (ARENA) and a revolving concentrate pre-payment facility of US$4 million to US$7.5 million from Ocean Partners UK Limited (OPUK). Read More

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GPPRF

Posted: Jun 28 2023, 12:12

Author Name: Proactive Investors

GPPRF News

By Proactive Investors
September 22, 2023

Cerro de Pasco Resources to raise up to C$2M in private placement financing

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) (CDPR) has announced that it intends to complete a non-brokered private placement offering of up to 20

By Proactive Investors
August 29, 2023

Cerro de Pasco Resources reports strong 2Q production at Santander Mine in Peru; revenue impacted by lower zinc prices

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) has reported a near doubling in second-quarter production as it approaches nameplate capacity at its S

By Proactive Investors
August 1, 2023

Cerro De Pasco Resources reports steady 2Q production at Santander Mine in Peru

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) (CDPR) said it produced 12.1 million pounds of zinc, 874,000 pounds of lead, and 70,000 ounces of silve

By Proactive Investors
July 25, 2023

Cerro de Pasco Resources inks $12M term sheet for Santander Pipe construction services in Peru

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) signed a term sheet last week to advance the construction of infrastructure at its Santander Pipe proje

By Proactive Investors
June 28, 2023

Cerro de Pasco Resources secures $25M financing deal for Santander mine development

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) Inc announced it has secured a significant financing deal of around US$25 million to strengthen its bal

By Proactive Investors
June 19, 2023

Cerro de Pasco Resources unveils exciting new potential zone at Peru Santander Mine

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) (CDPR) said it is excited by the results of its drilling and exploration campaign at its 100%-owned San

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