EPM Gets Loan for Sevier Lake Project

EPM Mining Ventures Inc of Toronto, ON has entered into a binding term sheet with Extract Capital LP for a US$2.5 million loan. EPM has also entered a binding term sheet with certain of its directors for an additional US$700,000 loan. The funds will be used for development of its Sevier Lake Playa sulfate of potash project in southwestern Utah.

Volume 28 issue 8

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