Atico Mining Liquidates Debt To 1st Debenture Holders From Toachi Acquisition

Posted On January 13, 2020

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Tag: atico, atico mining, colombia, debenture, el roble, el roble mine, latin america, otc:atcmf, toachi, toachi acquisition, tsx.v:aty

Atico Mining Corporation (TSX.V: ATY, OTC: ATCMF) has announced that it has repaid in full, its outstanding $1,347,875 CDN first tranche of the debenture facility payable to first debenture group holders. The debenture facility was assumed by the company as a result of the Toachi acquisition made in September of last year.

In the following months, Atico plans to continue reducing all of the remaining debts assumed with the acquisition in accordance with their respective terms.

Atico is a mining company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company operates the El Roble mine and is pursuing additional acquisition opportunities

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Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.