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Financings

Metalsource enters $50,000 loan

By The Northwire Desk — AI Analysis Aug 22, 2025 · 18:55 MSM · 0.18 Metalsource Mining Inc
MSM · Price

Executive Summary

  • Metalsource Mining Inc. has entered into a loan agreement with an arm's-length third party to borrow $50,000.
  • The financing includes the issuance of 25,000 warrants to the lender as part of the deal structure.
  • The company is engaged in the acquisition, exploration, and development of mineral property assets, specifically the Aruba property in Botswana.

Key Details

  • Loan Principal: $50,000
  • Interest Rate: 5% per annum
  • Lender Status: Arm's-length third party
  • Warrants Issued: 25,000 warrants
  • Warrant Exercise Price: $0.20 per share
  • Warrant Term: Two years

Notable Quotes

  • None provided in the release.
Read the original news release →

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