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BRIEF-Hudson Resources says European Investment Bank approves debt financing of White Mountain Project
February 7, 2017 / 1:45 PM / 9 months ago

BRIEF-Hudson Resources says European Investment Bank approves debt financing of White Mountain Project

Feb 7 (Reuters) - Hudson Resources Inc -

* Announces that the European Investment Bank approves debt financing of the white mountain project

* Management committee of EIB grants preliminary approval to provide debt financing of up to $13 million for co’s white mountain anorthosite project

* Says cordiant Capital Inc approved lending Hudson Greenland A/S up to $9.5m million

* Total white mountain project capital costs, including reclamation costs and working capital are estimated at CDN$40m

* Hudson Resources says complete terms and conditions of the loans remain confidential Source text for Eikon: Further company coverage:

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