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Baja Mining secures additional bridge financing for Boleo

Posted on June 25, 2008

Baja Mining Corp. [TSX:BAJ] announced on Wednesday that it has arranged a standby bridge financing with Endeavour Mining Capital Corp. in the aggregate amount of $10 million. The funds will ensure that the construction schedule and capital cost estimate for the Boleo project are maintained. Baja has now received all necessary approvals to complete its previously announced transaction with the Korean Consortium, except the relevant Korean Government Approval. Completion of this transaction is still scheduled for 30th June 2008. Read RI s most recent coverage of Baja Mining....

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