K92 Mining closes US$15 million loan and offtake agreement with Trafigura

1 minute read
25 July 2019
Client work

Team:

Cyndi Laval, Tara Amiri-Khaledi, Chris Colonval

On July 25, 2019, K92 Mining Inc. (TSXV: KNT) (OTCQB: KNTNF) announced that the company had received a US$15 million loan from Trafigura Pte Ltd. pursuant to a loan agreement between the companies.

In addition, the companies entered into an offtake agreement for the purchase by Trafigura of 100% of K92's copper/gold concentrate produced at the Kainantu gold mine located in Papua New Guinea.

Gowling WLG advised K92 with respect to both the loan and the offtake agreement with a team that included Cyndi Laval and Tara Amiri (corporate) and Chris Colonval (financial services).

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