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

Vancouver, British Columbia: 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...