Indicative
Ref: WCG-TS-MINING
Indicative Term Sheet
Mining Finance
| Prestatario | [Mining Co.] Ltd. |
|---|---|
| Prestamista / Estructurador | Westford Capital Group |
| Facilidad | Mining Finance |
| Importe de la facilidad | Up to USD 60,000,000 |
| Plazo | 8 years |
| Precio | SOFR + 4.50% (indicative) |
| Comisiones | Arrangement 2.0% |
| Garantías | Mining licence mortgage, plant and offtake receivables |
| Amortización | Quarterly after 18-month grace; 50% excess cash sweep |
| Condiciones previas | Independent reserve audit; Hedging programme; Offtake signed |
| Ley aplicable | Estado de Carolina del Norte, EE. UU. (o según se acuerde) |
| Validez | 30 días desde la fecha de emisión |
This indicative term sheet is non-binding and subject to due diligence, credit approval and definitive documentation.