Cornish Metals Announces £7M Credit Facility With Vision Blue Resources

VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) --

Cornish Metals Inc. (AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), announces that it has entered into a non-dilutive £7 million (US$9.1 million) secured credit facility (the “Facility”) with Vision Blue Resources Limited (“Vision Blue”) to support the continued development of its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom. The proceeds of the Facility are expected to be used for the Company’s general operating and corporate purposes.

Read more at globenewswire.com