Antilles Gold (ASX:AAU) has received an interim distribution of around AU$3.3 million following the voluntary liquidation of its former subsidiary, EnviroGold, according to a Wednesday filing with the Australian bourse.
The funds will be applied toward a 20-month, interest-bearing secured loan of $5 million to the company's 50% owned joint venture, Minera La Victoria, to assist in constructing the Nueva Sabana copper-gold mine in central Cuba, the filing added.
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