LIM: Offtake and pre-pay financing
- $35 million prepay financing and offtake agreement
- Labrador Iron Mines Holdings Limited (‘LIM’), is a Canadian iron ore mining company listed on the Toronto Stock Exchange
- Excellion Capital arranged an offtake and financing agreement between LIM and RB Metalloyd
- This transaction enables LIM to increase its 2013 iron ore production and complete planned capital investment
- This landmark transaction demonstrates Excellion’s ability to originate and close bespoke financing solutions for clients, as well as our strong access to institutional capital