JOSEMARIA ANNOUNCES NEW CREDIT FACILITY
VANCOUVER October 25, 2019 /CNW/ - Josemaria Resources Inc. ("Josemaria" or the "Company") (TSX:JOSE, Nasdaq Stockholm: JOSE) is pleased to announce that it has entered into a US$20,000,000 credit facility (the "Facility"), from Lorito Holdings S.à.r.l. (the “Lender”) a company controlled by a trust settled by the late Adolf H. Lundin, and an insider of the Company. The Facility is evidenced by a debenture (the “Debenture”) which is unsecured and has a term of 18 months ending April 25, 2021 (the "Maturity Date"). No interest is payable during the term of the Debenture, however, any
Teknokemiallinen Tehdas O/Y Santalahti was founded in Pispala, Tampere, on 27 October a century ago. The company started out by making cosmetic substances for chemists; paints, polishes, waxes and adhesives for shoe factories; and spirit lacquers and polishes for furniture makers. A century later, it is a big player in the chemical industry and operates in 12 countries.Today, Kiilto is known as a company with four business areas, employing almost 1,000 people internationally. However, the company's operations are still firmly rooted in an operating culture whose key components are a
