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Bemetals Announces Us$5 Million Funding From Strategic Investor B2Gold Corp

Aug 05, 2022•about 3 years ago

Amount Raised

$5 Million

VancouverMining TechnologyMineralPrecious MetalsMining

Description

VANCOUVER, BC / August 5, 2022 / BeMetals Corp. (TSXV:BMET, OTCQB:BMTLF, Frankfurt:1OI.F) (the "Company" or "BeMetals") announces that it has entered into a loan agreement with strategic investor B2Gold Corp. (TSX:BTO, NYSE American:BTG, NSX:B2G) ("B2Gold") for an unsecured loan in the principal amount of US$5,000,000 (the "Loan"). The Loan matures on August 4, 2025 and bears interest at a rate of 4.7% per annum

Company Information

Company

Bemetals

Location

Burrard Street

Vancouver, Washington, United States

About

BeMetals is a precious and base metals exploration and development company focused on becoming a leading metal producer through the acquisition of quality exploration, development and potentially production stage projects. The Company has established itself in the gold sector with the acquisition of a portfolio of wholly owned exploration projects in Japan. BeMetals is also progressing both its tier-one targeted, Pangeni Copper Exploration Project in the prolific Zambian Copperbelt, and advancing its high-grade, zinc-silver-gold-copper exploration at the South Mountain Project in Idaho. Guiding and leading BeMetals' growth strategy is a strong board and management team, founders and significant shareholders of the Company, who have an extensive proven record of delivering exceptional value in the mining sector, over many decades, through the discovery, construction and operation of mines around the world.

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