OCIM Precious Metals supports Inca One with a $2.5 mn loan

OCIM Precious Metals closed a $2.5 million funding facility with Inca One, operating Chala One and Kori One gold ore processing units with ore supply from artisanal and small producers. The agreement entails a first Secured Gold Loan to be repaid with supply of gold ounces. A further $6 million loan following the repayment of the first loan is also considered by both parties.

Source: MENAFN