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SilverCrest Mines enters into Agreement With Macquarie Bank

Fri, Nov 27, 2009

Silver Company News

SilverCrest Mines Inc. (TSX VENTURE:SVL)(FRANKFURT:CW5) today reported that the company has signed the definitive Project Facility Agreement and related documentation with Macquarie Bank Ltd. on a US$12.5 million debt facility to finance the development of its Santa Elena Project in Sonora, Mexico.

The press release is quoted as saying:

SilverCrest Mines Inc. is a “Precious Metals Focussed” exploration and development company with a portfolio of gold & silver deposits and high grade exploration properties located in Mexico and El Salvador.

Click here to access the entire press release

Click here to access SilverCrest Mines Corporate Site

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Asides

  • For upcoming silver investing trade shows, see the following links: The Silver Summit, Cambridgehouse, IIC, Chicago Resource Expo

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  • SilverInvestingNews.com maintains a focus on Silver exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • The Silver Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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