HAGENSBORG RESOURCES <HGS.V> RAISES SEVEN MLN
Hagensborg
Resources Ltd said it will receive a seven mln dlrs Canadian
line of credit from the Bank of Novia Scotia to develop a
salmon farming operation.
    The company said the funds will be used to complete
construction of the land-based operation at Nanaimo in British
Columbia.
    Details of the credit line are being finalized with the
Bank of Novia Scotia with the financing to be fully guaranteed
by Norway-based Den Norske Creditbank and the Norwegian
Guarantee Institute for Export Credit, it added.
 Reuter
