Northern Vertex Strengthens Balance Sheet
Share: VANCOUVER, BC, Dec. 15, 2020 /PRNewswire/ - Northern Vertex Mining Corp. (TSXV:NEE) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce the repayment of US$11.7 million in debt in 2020 and the exercise of 19.5 million warrants for proceeds to the Company of C$7.8 million. The Company has significantly improved its financial position and capital structure as set out below (all figures in US dollars unless otherwise stated): $10.1 million cash on hand at December 14, 2020, up from $2.5 million at March 31, 2020; $11.8 million working capital at Dec...
Source: benzinga.com