October 4, 2016 / 11:22 AM / in a year

BRIEF-RNC minerals successfully completes debt refinancing of its Beta Hunt Mine

Oct 4 (Reuters) - Royal Nickel Corp :

* RNC minerals successfully completes comprehensive debt refinancing of its Beta Hunt Mine with Auramet International LLC

* Proceeds from auramet refinancing were applied to repay all outstanding obligations owed under Lascaux facilit

* Auramet has also agreed to provide US$6.5 million in working capital facilities

* Auramet,Co signed forward sale gold price protection program for 1,300 ounces/month of Beta-Hunt gold production at a$1,728 over 15 months Source text for Eikon: Further company coverage:

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