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Dannemora Mineral Introduces Measures to Improve Liquidity

2014-09-15 09:06:43| Appliances - Topix.net

As previously announced, Dannemora is in need of a bridge financing during the latter part of the extended period of company reorganisation, 13 August to 13 November, to meet liquidity needs throughout the period. Against this background, the operations will be conducted under a temporary production plan that allows the company's financing needs during the remaining period of reorganisation to be covered by self-generated funds.

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