TORONTO, Aug. 4, 2022 /CNW/ – Adventus Mining Corporation (“Adventus Mining”) (TSXV: ADZN) (OTCQX: ADVZF) is pleased to announce that it has entered into definitive agreements that constitute the Offtake Financing Agreement (the “OFA”) with Trafigura Pte Ltd (“Trafigura”) which secures up to US$55 million towards the advancement of the El Domo-Curipamba copper-gold project (the “El Domo Project”). This follows the binding commitment by Adventus Mining and Trafigura previously announced on January 17, 2022, together with the financial commitment by Wheaton Precious Metals Corp (“Wheaton”).
With OFA completion, Adventus Mining has definitively secured up to US$235.5 million for the advancement and future construction of the El Domo Project, of which only US$2.5 million has been drawn to date. In addition to and permitted by Trafigura and Wheaton agreement terms, Adventus Mining is in…
