Bridge Loan Financing

General Moly Receives $10 Million Under Hanlong Bridge Loan Agreement

General Moly Receives $10 Million Under Hanlong Bridge Loan Agreement
LAKEWOOD, Colo.—-General Moly announced that, following ArcelorMittal’s decision to waive its anti-dilution rights with respect to the Hanlong transaction, the Company requested and received the first $10 million tranche under the Hanlong Bridge Loan agreement.

Read more on Business Wire via Yahoo! Finance

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Be the first to comment - What do you think?  Posted by admin - March 12, 2008 at 8:04 am

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Residential Bridging Loan: Finance for Home Made Easy

Well, no one in particular would like to miss out the chance of grabbing a new residential property. The only glitch is the lack of ample finance, since residential properties do not come for cheap. You can arrange the funds by selling off your existing property but the entire proceedings and legalities involved will take up a considerable amount of time. On the other hand, if you prefer to take… Continue reading

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Be the first to comment - What do you think?  Posted by admin - February 21, 2008 at 9:39 am

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