Passive Income From Tax Payers Money

Lumagda sa isang binding term sheet ang Maharlika Investment Corporation #MIC at Makilala Mining Co. Inc. (MMCI) para sa $76.4 milyong halagang bridge loan facility sa isang mining project sa Cordillera, ayon sa kompanya.

Saad ng stock filing ng Celsius Resources Ltd., na parent company ng MMCI, gagamitin ang investment ng MIC para pondohan ang pag-update ng feasibility study at front-end engineering design ng "Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project" ng kompanya.

Gagamitin din ang bridge loan para pondohan ang bahagi ng early development activities kaugnay ng proyekto.

“We envision the MCB Project as a benchmark for the Philippine Government's call for ‘beyond responsible mining,’ setting a new standard for resource development in the Philippines,” ayon kay MIC chief executive officer Rafael Consing Jr. #News5
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