Cat Financial Provides $9MM to Northern Vertex Mining

Northern Vertex Mining, through its wholly owned subsidiary Golden Vertex, executed a definitive master lease agreement (MLA) for up to $9 million with Caterpillar Financial Services (Cat Financial) to fund the company’s purchase of certain key pieces of Cat equipment, including power generators and mobile equipment and the crushing plant for use at the company’s Moss Mine gold silver project, located in Northwest Arizona. In addition, the company has drawn the first $5.757 million of the MLA to fund the crushing plant.

The terms of the equipment finance facility are substantially the same as previously disclosed in the news release dated May 2, 2017. The term of the facility will be four years from delivery and will be secured by the equipment purchased. Title of the leased equipment will transfer to the company for nominal consideration at the end of the lease period.

Northern Vertex Mining is an exploration and mining company focused on the reactivation of its 100% owned Moss Mine Gold/Silver Project located in Northwest Arizona.

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Terry Mulreany
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