Orla Mining reduces revolver balance to $88.4 million with paydown

Chicago, Jan. 16 – Orla Mining Ltd. reduced the outstanding balance on its revolving credit facility to $88.4 million in the fourth quarter, according to a press release regarding an interim operational update.

The company repaid $25 million on the loan, leaving $61.7 million undrawn.

Orla is a Vancouver, B.C.-based mining company.

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