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Tuesday, May 26, 2020 5:32:08 AM
Mexus recently retired a $142,000 loan using stock held in reserve by the lending company. Although this loan was not optimal it did assist the company in getting the mine into production.
For the last 3 months the company has been able to operate and expand using gold sales only and without taking on further debt. The infrastructure at Mexus’ Santa Elena mine is valued at over $10,000,000. The company has and will continue to produce gold for years to come.
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