Mirasol Resources Announces Shareholder Loan Transaction
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Mirasol Resources Ltd. has secured a $2 million loan from director John Tognetti, with a 10% annual interest rate, to be used for paying creditors and general working capital.
March 14, 2025 | 11:15 am
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Mirasol Resources Ltd. has obtained a $2 million loan from director John Tognetti at a 10% interest rate, secured by a General Security Agreement. The funds will be used to pay creditors and for general working capital.
The loan provides Mirasol Resources with necessary liquidity to manage its debts and operational expenses, which is positive for the company's short-term financial stability. The involvement of a director in providing the loan may also indicate confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100