In June 2007, the Company and its financial advisor, Endeavor, the International Finance Corporation, in a leaflet distributed to banks for financing the project Boleo primary. Preliminary discussion on the agreements of tax and financing of subordinated debt at the same time also started. As expected, has received expressions of interest and guidance throughout the summer of 2007. In September 2007, the Company issued the order made a commitment with Bayerische Hypo-und Vereinsbank AG, a member of UniCredit Group (UniCredit ") as Mandated Lead Arranger to arrange and take a limited long-term non-recourse loan an aggregate principal amount of up to $ 475US dollars, the "Term Loan Facility ("), and a cost overrun loan in an aggregate principal amount of U.S. $ 40 million (the " cost overrun facility and, with the facility term loan, the term "facilities") to Minera y Metalurgica del Boleo, SA de CV ( "BCS"), Mexico, the company is wholly owned subsidiary. is September 13, 2007, the Company has delivered agreements for the private placement of 24,215,000 units priced at $ 1.86 per unit for gross receipts of $ 45,039,900 Th The primary funding commitment has been to Update all necessary credit approvals, subject to final determination of the cost of capital and other conditions precedent to receiving standard accepted by the mortal online gold and UniCredit.
On November 13, 2007, MMB entered into an agreement with Caterpillar Financial SARL ( "Cat Financial (Zurich)"), Zurich, Switzerland, as Arranger and Provider in respect of a law Facility Rental Equipment (the "Materials") to a total nominal value of up to $ 64US million. The product