MILFORD Copper King Mining Corp. said Tuesday it has obtained a long-term financing commitment for the company's copper mining and milling operations from OCS Capital Group LLC.
The $100 million funding commitment is expected to take up to four months to complete. Copper King said OCS is negotiating to help provide a bridge loan for the company for ongoing operational needs.
OCS is a bond-law consulting firm and a consultant on government relations and government affairs. It provides technical and professional services to local, municipal, state and federal government agencies in the United States and South America.
OCS' past projects have ranged from $25 million to $8.3 billion and vary from mining to commercial developments.