MMEX Resources Corp (MMEX)

[Deagle]

keep in mind the expected closing of the financing was stated April Shareholder newsletter as being by (on or before) MAY 31st.

The proposed structure is that the Fund will finance up to 80% of our Capex with a senior debt funding ceiling of US$ 49,000,000. Subject to finalizing our FEED ( project cost) study, we are still estimating our Phase 1 Capex in the range of US$ 50, 000,000 to $55,000,000. The Term Sheet is subject to successful completion of Due Diligence and execution of a definitive credit agreement. "If those conditions are completed satisfactory to the Lender, then financial closing is projected on or before May 31, 2018 with the first funding draw down on or before June 15, 2018."

source link: http://www.mmexresources.com/

As of this time today, we still have an hour and 15 min to still trade MMEX today!