03:28 PM EST - Mandalay Resources Corporation : announced today the closing of a one-year, secured revolving credit facility in the amount of $20 million U.S. and the repayment of the existing Sprott loan facility. The Facility is priced at LIBOR + 3.25%. The Facility was arranged by BMO Capital Markets, and the Facility will be used for general corporate purposes, including the funding of permitted acquisitions. Mandalay Resources Corporation
shares T.MND are trading down $0.01 at $0.57.
