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Sunday, March 3, 2013

[BREAKING: IFC Board of Directors approves Oyu Tolgoi financing]

CoverMongolia NewsWire

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Blue Wolf Mongolia Countdown: 48 days left till liquidation

 

Mogi: Not exactly BREAKING NEWS if it’s 4 days late, but thought it was worth it. Looks like TRQ’s Friday 11% jump was due to this good news, well, on top of the general  “easing” of tensions

IFC’s board of directors approved IFC’s participation in the Oyu Tolgoi financing

Update:  On February 28, 2013, IFC’s board of directors approved IFC’s participation in the Oyu Tolgoi financing. IFC will now begin the process of working with Rio Tinto, the Government of Mongolia and the lending partners to complete the financing package.

Link to release

 

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“Mogi” Munkhdul Badral

Cover Mongolia

Email: mogi@covermongolia.mn

Mobile: +976 9999 6779

Skype: mogibb

 

 

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