NWM Updates Status of Previously Announced Debt Extension
NWM Mining Corporation announces that it has extended the due date of the current debt outstanding from September 30, 2013 to October 31, 2013. The extension provides a further one month for the ongoing documentation to be concluded with the Company’s lender (Renvest Mercantile Bancorp through its Global Resources Fund), as set out in the Company’s press release dated June 14, 2013. All other terms as were announced previously remain in place including the September 30, 2014 maturity date for the amended and restated credit agreement.