Business
Vendetta Announces Full Repayment and Retirement of Loan
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2022) - Vendetta Mining Corp. (TSXV...
About this update from Vendetta Mining Corp.
[{"type":"text","content":"Vendetta Announces Full Repayment and Retirement of LoanVancouver, British Columbia--(Newsfile Corp. - March 23, 2022) - Vendetta Mining Corp. (TSXV: VTT) (\"Vendetta\" or the \"Company\") is pleased to announce that the Company has completed the repayment of the loan advanced to the Company by Nebari Natural Resources Credit Fund I, LP (\"Nebari\") pursuant to a loan agreement dated May 9, 2019, as amended August 31, 2019 and April 30, 2021 (the \"Loan\").The Company paid an aggregate amount of US$1,806,492 to Nebari in full satisfaction of all amounts outstanding, including all accrued interest, on the Loan, with a repayment date of March 22, 2022. The Company is in the process of discharging all security previously granted to Nebari in connection with the Loan.Vendetta would like to thank Nebari for its support over the last 3 years, and recognizes that the Loan enabled the Company to make the May 2019 final payment to purchase the Pegmont tenements.About Vendetta Mining Corp.Vendetta Mining Corp. is a Canadian junior exploration company engaged in acquiring, exploring, and developing mineral properties with an emphasis on lead and zinc. It is currently focused on advancing the Pegmont Lead Zinc project in Australia. Additional information on the Company can be found at www.vendettaminingcorp.com.ON BEHALF OF THE BOARD OF DIRECTORS\"Michael Williams\"Michael WilliamsPresident & CEO604-484-7855The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.Cautionary Note Regarding Forward-Looking InformationThis release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future events or developments are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as \"intends\" or \"anticipates\", or variations of such words and phrases or statements that certain actions, events or results \"may\", \"could\", \"should\", \"would\" or \"occur\". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the op...