Titan Mining extended the maturity date of its $40 million credit facility with National Bank of Canada from Dec. 6, 2023, to Dec. 6, 2024. Concurrently, the guarantee provided by the company’s executive chairman through Augusta Investments and its related entity was also extended to Dec. 6, 2024.
“I am pleased we were able to extend the maturity of the credit facility with National Bank to late 2024,” Don Taylor, CEO of Titan Mining, said. “This will provide flexibility to our capital structure and allow for capital and exploration investment at our Empire State Mine.”
