Indicative
Ref: WCG-TS-MINING
Indicative Term Sheet
Mining Finance
| Emprunteur | [Mining Co.] Ltd. |
|---|---|
| Prêteur / Arrangeur | Westford Capital Group |
| Facilité | Mining Finance |
| Montant de la facilité | Up to USD 60,000,000 |
| Durée | 8 years |
| Tarification | SOFR + 4.50% (indicative) |
| Frais | Arrangement 2.0% |
| Sûretés | Mining licence mortgage, plant and offtake receivables |
| Remboursement | Quarterly after 18-month grace; 50% excess cash sweep |
| Conditions préalables | Independent reserve audit; Hedging programme; Offtake signed |
| Droit applicable | État de Caroline du Nord, États-Unis (ou selon accord) |
| Validité | 30 jours à compter de la date d’émission |
This indicative term sheet is non-binding and subject to due diligence, credit approval and definitive documentation.