11:44 AM EST - EPM Mining Ventures Inc. : announced that it has entered into a binding term sheet with Extract Capital LP for a $2.5-million U.S. loan. In addition, EPM has entered into a binding term sheet with certain Directors of the Company for a $700,000 loan U.S. The Financing will be used by the Company to fund operations and project-related activities for its Sevier Lake Playa Sulphate of Potash Project located in southwestern Utah. EPM Mining Ventures Inc.
shares V.EPK are trading down $0.01 at $0.26.