ConsTin secures Auctus loan

CONSOLIDATED Tin Mines, which was down to a mere A$7000 in cash at the end of the September quarter, with no production or income, has been gifted a loan from its major shareholder to complete a transformational acquisition.

ConsTin secures Auctus loan ConsTin secures Auctus loan ConsTin secures Auctus loan ConsTin secures Auctus loan ConsTin secures Auctus loan

Chillagoe's sale is yet to be finalised

Cyan Stone, which owns 53.6% of ConsTin, has agreed to provide a A$30 million unsecured loan to complete the junior miner's takeover of Auctus Minerals.
 
Around $16.