Tag Archive | "China Armco Metals"

China Armco Metals to Use $15 Million Line of Credit Secured

Friday, February 19, 2010

China Armco Metals, Inc. (NYSE Amex:CNAM) reported that the company plans to use a $15 million line of credit secured from ING Bank N.V. late in the fourth quarter of 2009 to continue the expansion of its metal ore distribution business in 2010.

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