| Anaconda Mining makes final payment on Atlantic Canada opportunities agency loan | |
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TORONTO , Dec. 3, 2014 /CNW/ - Anaconda Mining Inc. ("Anaconda" or "the Company") – (ANX.TO) is pleased to report that on December 1, 2014 , the Company made its final payment on a non-interest bearing loan, originally advanced in the amount of $500,000 , from the Atlantic Canada Opportunities Agency ("ACOA").
President and CEO Dustin Angelo stated "The Company has made great strides in the past few years cleaning up its balance sheet and paying off over $8 million in debt while still advancing the Pine Cove Project. ACOA has been a great partner and we look forward to continuing our relationship by working together to fund future, value-added, strategic initiatives."
ABOUT ANACONDA Headquartered in Toronto, Canada , Anaconda is a growth oriented, gold mining and exploration company with a producing asset located on the Baie Verte Peninsula in Newfoundland, Canada called the Pine Cove mine.
SOURCE Anaconda Mining Inc.
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Anaconda Mining Inc.
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EXPLORATION STAGE |
CODE : ANX.TO |
ISIN : CA03240P1080 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Anaconda Min. is a gold development stage company based in Canada. Anaconda Min. holds various exploration projects in Canada and in Chile. Its main exploration properties are BORTHWICK LAKE, LINGMAN LAKE and DAMOTI in Canada and SAN GABRIEL FE and HORSE MOUNTAIN - ANACONDA GOLD in Chile. Anaconda Min. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 92.1 millions as of today (US$ 73.6 millions, € 64.5 millions). Its stock quote reached its highest recent level on February 09, 2012 at CA$ 2.01, and its lowest recent point on December 24, 2015 at CA$ 0.04. Anaconda Min. has 209 330 000 shares outstanding. |