March 24, 2017 / 11:05 AM / 5 months ago

BRIEF-Primero receives extension to revolving credit facility

March 24 (Reuters) - Primero Mining Corp:

* Primero receives extension to revolving credit facility

* Primero mining corp - agreed in principle with its lenders to an extension of its $75 million revolving credit facility previously maturing in May 2017

* Primero Mining Corp - upon completion of an amending agreement, maturity of RCF will be extended by six months to november 2017

* Primero Mining- proposed amended credit agreement to exclude financial covenants in amended RCF during 6 month period to support San Dimas restart plan

* Primero Mining- Silver Wheaton will guarantee amounts payable under RCF to ensure co's ability to meet its financial obligations

* Primero Mining Corp - continues to work on other options to replace RCF and Silver Wheaton guarantee with a longer-dated term loan Source text for Eikon: Further company coverage:

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