BRIEF-Silver Bear Resources enters into non-binding term sheet for Mangazeisky silver project debt funding package
April 28 (Reuters) - Silver Bear Resources Inc :
* Silver bear announces entering into non-binding term sheet for mangazeisky silver project debt funding package
* Co's russian unit will be ultimate borrower under debt funding package which will consist of a us$42.85 million secured loan
* A portion of secured loan facility will be used to repay principal and accrued interest on certain outstanding promissory notes
* Debt funding package will also have working capital facility of us$3.5 million and a contingency facility of us$2 million Source text for Eikon: Further company coverage:
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