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Trevali Releases Second Quarter 2020 Results; Reissues 2020 Guidance with Lower All-In-Sustaining-Costs for the Remainder of the Year

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 06, 2020 (GLOBE NEWSWIRE) — Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) today released financial and operating results for the three and six months ended June 30, 2020. The Company reported quarterly production of 66 million pounds of zinc at an all-in sustaining cost1 (“AISC”) of $1.05 per pound. Subsequent to quarter end, the company secured up to $45 million in additional liquidity consisting of $25 million being made available through the existing credit facility and a new $20 million facility from Glencore. Financial covenant relief was also provided until December 31, 2020.
FINANCIAL AND OPERATIONAL HIGHLIGHTS FOR THE SECOND QUARTER 2020

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