Euro Sun Mining Raises Funds Through Convertible Note

Euro Sun Mining (TSE:ESM) has released an update.

Euro Sun Mining Inc. has announced the issuance of a US$200,000 convertible promissory note with a 6% annual interest, maturing in May 2025. The note is part of a series of financings aimed at raising working capital for the company’s operations in Canada and Romania and is convertible into common shares at a set price. The company, listed on the Toronto Stock Exchange, is developing the Rovina Valley gold and copper project in Romania, which houses Europe’s second-largest gold deposit.

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