Josemaria Announces New Credit Facilities
VANCOUVER, May 25, 2020 /CNW/ - Josemaria Resources Inc. ("Josemaria" or the "Company") (TSX: JOSE) (Nasdaq Stockholm: JOSE) is pleased to announce that it has entered into two credit facilities totaling US$7,000,000 (collectively the "Facilities"), one with Lorito Holdings S.à.r.l. (“Lorito”) for US$3,500,000 (the “Lorito Facility”) and one with Zebra Holdings and Investments S.à.r.l. (“Zebra”) for US$3,500,000 (the “Zebra Facility”). Lorito and Zebra, who report their security holdings as joint actors, are insiders of the company and are private corporations controlled by a trust settled