Atico Mining Announces Execution of Term Sheet with

From GlobeNewswire: 2025-06-13 17:52:00

Atico Mining Corporation has entered into a term sheet with Trafigura regarding an amendment and extension of its existing secured credit agreement, with US$8.7 million remaining outstanding. The Principal Amount will be repaid in two instalments, with interest at SOFR plus 7.5%. The parties have also agreed to extend the commercial concentrate purchase contract for the El Roble mine for two additional years. The closing of the transactions is subject to finalization of definitive documentation and approval by the TSX Venture Exchange, expected by June 30, 2025.

Atico Mining Corporation is a growth-oriented company focused on copper and gold projects in Latin America. The company operates the El Roble mine and is developing the La Plata VMS project in Ecuador. For more information, visit their website. The news release contains forward-looking statements regarding the loan refinancing with Trafigura, subject to risks and uncertainties beyond Atico’s control. The company undertakes no obligation to update forward-looking statements, unless required by law.



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