03:33 PM EST - Alexis Minerals Corporation : announced that it has received formal credit approval from Credit Suisse for a $45- million U.S., 4 1/2-year term loan to further the development of the Snow Lake Mine. The loan will be subject to covenants standard to this type of arrangement and other conditions precedent, including an equity contribution prior to draw down on the loan, the details of which will be released upon finalization of definitive agreements in respect of the debt financing. Alexis Minerals Corporation
shares T.AMC are trading up $0.01 at $0.05.
