Amerigo Resources Ltd.

10:44 AM EST - Amerigo Resources Ltd. : Announced that its wholly-owned subsidiary Minera Valle Central S.A. has closed the loan facility with Banco Bilbao Vizcaya Argentaria and Export Development Canada, for funding of the second phase of the planned expansion of MVC's operations for the processing of tailings from the historic Cauquenes deposit. MVC has provided security for the Phase Two Bank Facility in the form of a charge on all of MVC's assets, and MVC is subject to certain bank covenants to be measured semi-annually starting on December 31, 2017. Amerigo Resources Ltd.

shares (T.ARG) are trading down $0.02 at $0.67.