Susumanzoloto BOD affirmed the decision to raise 2.5bn rub. in the evergreen credit line with Sberbank, the company informed.
The credit period expires in Dec. 2014. The funds will be spent to cover the gold extraction expenditures in 2014.
Susumanzoloto (TIN 4905001978) provides prospecting and extraction of gold. The share capital is equal to 890.6ths rub. split in 890557 common stocks of 1 rub. par. The major holder is V.Khristov (82.6%).
The IQ 2013 net losses moved down 2.7 fold (RAS) to 15.271mln rub from 41.343mln rub. prior year. The revenues rallied up 92.81% to 532.048mln rub.
from 275.949mln rub.; profit from sales coming to 50.102mln rub. vs.
5.916mln rub. in losses; pretax losses dropped 3.14 fold to 18.848mln rub.
from 59.243mln rub.