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BRIEF-Regal Resource enters into loan agreement

Published 18/12/2015, 08:58 pm
© Reuters.  BRIEF-Regal Resource enters into loan agreement
NZC
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Dec 18 (Reuters) - Regal Resources Ltd RER.AX :

* Affiliate of Sprott Inc exploration capital partners 2005 limited partnership

has agreed to provide a further $1 million

* The loan is expected to be received on or about 21 December 2015

* Regal is continuing to advance negotiations with Traxys over the acquisition

of its 30 pct interest in Kalongwe Mining SA

* Regal and Tembo have agreed to re-negotiate the terms of the tranche 2

investment

* Source text for Eikon ID:nASX4ZFH67

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