10:09 AM EST - Monarch Mining Corporation : Announced the closing on August 13, 2021, of the previously announced $13.5 million senior secured term loan agreement with Investissement Québec. The Loan has a three-year term and bears interest at an annual rate of 6% until the restart of the Beaufor Mine and Beacon Mill, 5% during the first year of production and 4% for the subsequent years, subject to certain pre-established terms and conditions. Monarch Mining Corporation
shares T.GBAR are trading unchanged at $0.88.