Business

Zincore Negotiates a Second Agreement to Further Reduce Working Capital Deficit

Zincore Negotiates a Second Agreement to Further Reduce Working Capital Deficit ...

articleGolden Cross Resources Inc.December 22, 20173/company/golden-cross-resources-inc/news/zincore-negotiates-a-second-agreement-to-further-reduce-working-capital-deficit
Zincore Negotiates a Second Agreement to Further Reduce Working Capital Deficit

About this update from Golden Cross Resources Inc.

[{"type":"text","content":"Zincore Negotiates a Second Agreement to Further Reduce Working Capital Deficit \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Zincore Negotiates a Second Agreement to Further Reduce Working Capital Deficit\n Vancouver, British Columbia (FSCwire) - Zincore Metals Inc. (NEX: ZNC.H) (“Zincore” or the “Company”) reports that its Peruvian subsidiary, Exploraciones Collasuyo S.A.C., (“Collasuyo”) has entered into an agreement (the “Creditor Agreement”) with a creditor of the Company to turn a current payable amount owing of US$287,792.02 into a long term debt obligation. This Creditor Agreement is subsequent to, and in addition to similar agreements announced by the Company on December 14, 2017, whereby the Company entered into agreements totalling US$272,125.29 with the Company’s CEO, Jorge Benavides, to turn current amounts owing and other payables into long term debt obligations.\n\n \n\nAdam Ho, CFO, commented, &#x201C...

More updates from Golden Cross Resources Inc.