Gleason & Sons Commits to Providing Electric Royalties with $10 Million Convertible Credit Facility for Acquiring Cash-Flowing Royalties
2023-10-20 04:48:32 CHARLOTTE, NC / ACCESSWIRE / October 20, 2023 / Gleason & Sons LLC announced today it has committed to provide an expanded C$10 million convertible loan (the “Credit Facility”) for Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) (the “Company”) to enable the Company to capitalize on new opportunities to acquire undervalued royalties. With its maturity […]
Cerrado Gold Tender Process Oversubscribed with Two International Banks Selected to Act as Mandated Lead Arrangers for Export Credit Agency Supported Non-Recourse Project Financing for Monte Do Carmo Project in Brazil and Mont Sorcier Project in Quebec
2023-10-18 14:02:24 Two Banks selected to act separately as Mandated Lead Arrangers for Monte Do Carmo gold project, Brazil and for the Mont Sorcier iron project, Quebec Cerrado expects to complete on-boarding and appointment process in coming weeks (All numbers reported in US dollars) TORONTO, ON / ACCESSWIRE / October 18, 2023 / Cerrado Gold […]
Sigma Lithium Reaches Second Shipment Target of 15,000 Tonnes of Triple Zero Green Lithium at Port; Closes Export Revolver Credit Line with Santander for US$10M; Reports Second Quarter 2023 Results
2023-09-01 07:31:11 OPERATIONAL UPDATE Sigma Lithium reaches second shipment targets on schedule: Completes trucking of 15,000 tonnes of Triple Zero Green Lithium and 30,000 tonnes of Triple Zero Green By-Products (“Green By-Products”) to Vitoria Port in Brazil. Reaffirms outlook for production of 130,000 tonnes of chemical grade Triple Zero Green Lithium by December 2023. Continues […]
SSR Mining Announces $400 Million Senior Secured Revolving Credit Facility
2023-08-15 15:58:20 DENVER / Aug 15, 2023 / Business Wire / SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) (“SSR Mining” or the “Company”) is pleased to announce an amendment to its existing revolving credit facility (the “Facility”) on favorable terms. The Facility size has been increased from $200 million to $400 million with an additional […]
Ascendant Resources Announces Potential Export Credit Agency Support For Project Finance At Its Lagoa Salgada Project In Portugal
2023-07-05 03:05:30 UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency (“ECA”) support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During Construction and Insurance Premium Costs UKEF’s […]
‘Potent liquidity squeeze’ threatens stock market once debt-ceiling deal is done
2023-05-31 Lawmakers and the White House appear set to avert a calamitous U.S. government default, but stock-market investors need to be aware that what comes next could still make for a bumpy ride. “Some time in the next several days, markets will trade their last bit of angst over raising the debt ceiling for what […]
Jaxon Mining Reports on Petrographic Study Confirming Discovery of High-Grade Antimony Mineralization at the Kispiox Mountain Project; and Receives $741,000 Mineral Exploration Tax Credit
2023-05-23 06:08:20 Vancouver, British Columbia–(Newsfile Corp. – May 23, 2023) – Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC Pink: JXMNF) (“Jaxon” or the “Company“) is pleased to announce the results of a petrographic study confirming the discovery of high-grade antimony mineralization at the Kispiox Mountain Project. Conducted by John G. Payne, Ph.D., P.Geo., of […]
Electric Royalties Increases Convertible Credit Facility to C$5 Million on Improved Terms and Appoints Stefan Gleason as Board Observer
2023-04-20 04:49:34 VANCOUVER, BC / ACCESSWIRE / April 20, 2023 / Electric Royalties Ltd. (TSXV:ELEC) (OTCQB:ELECF) (“Electric Royalties” or the “Company”) is pleased to announce, further to its November 15, 2022 and January 19, 2023 press releases, that it has entered into an agreement with Gleason & Sons LLC (the “Lender”) to increase the Company’s […]
Laramide Resources Amends And Extends Credit Facility
2023-03-21 04:36:25 TORONTO, March 21, 2023 /CNW/ – Laramide Resources Ltd. (“Laramide” or the “Company“) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that the Company and Extract Advisors LLC acting as agent for and on behalf of the Lenders (the “Agent“), completed an amendment (the “Amendment“) to the existing term loan made by […]
Signal Gold Receives US$16.0 Million from Initial Drawdown of Nebari Credit Facility
2023-02-27 05:04:41 TORONTO, ON / ACCESSWIRE / February 27, 2023 / Signal Gold Inc. (“Signal Gold” or the “Company”) (TSX:SGNL) (OTCQX:SGNLF) is pleased to announce that it has received the initial drawdown of US$16.0 million (“Tranche 1”) of its previously announced US$21.0 million credit facility with Nebari Gold Fund 1 LP, Nebari Natural Resources Credit […]
Taseko Mines Extends Term of Undrawn Revolving Credit Facility and Provides Update on Hedging Program
2023-02-02 06:39:52 VANCOUVER, BC, Feb. 2, 2023 /CNW/ – Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) (“Taseko” or the “Company”) is pleased to announce it has entered into an agreement to extend the maturity date of its US$50 million Revolving Credit Facility (the “Facility”) by an additional year to July 2, 2026. The […]
Newcrest Mining Receives Early Repayment of Credit Facility from Lundin Gold
2023-01-05 15:38:38 Melbourne, Australia–(Newsfile Corp. – January 5, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that it has received early repayment of the gold prepay credit facility in the amount of $173 million (net of withholding taxes) from Lundin Gold Inc. (Lundin Gold). Newcrest acquired the gold prepay credit facility, […]
Centamin Announces $150M Sustainability-Linked Credit Facility
2022-12-22 08:28:54 Improved financial flexibility to fund identified growth pipeline PERTH, AUSTRALIA / ACCESSWIRE / December 22, 2022 / MARTIN HORGAN, CEO, COMMENTED: “As we continue to position Centamin for growth, the introduction of debt provides greater financial capacity and flexibility to fund the identified opportunities across our portfolio as we seek to become a […]
Titan Mining Extends Credit Facility Maturity Date
2022-12-21 04:11:30 VANCOUVER, British Columbia, Dec. 21, 2022 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces it has extended the maturity date of its US$40 million credit facility (the “Credit Facility”) with National Bank of Canada (“National Bank”). The maturity date of the Company’s revolving credit facility has been extended from […]
Foran Mining Obtains US$150M Project Finance Credit Facility in Significant De-Risking Milestone
2022-12-21 04:11:30 VANCOUVER, BC, Dec. 21, 2022 /CNW/ – Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce the closing of a US$150 million senior secured project credit facility (the “Credit Facility”) with a fund managed by Sprott Resource Lending Corp. (“Sprott”). Funds from the Credit Facility will be […]
Gatos Silver Announces Re-Instatement and Extension of US$50 Million Revolving Credit Facility
2022-12-20 16:05:38 VANCOUVER, British Columbia / Dec 20, 2022 / Business Wire / Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) is pleased to announce that it has extended the maturity date and re-established a credit limit of US$50 million in an amended and restated revolving credit facility (the “Revolver”) with Bank of […]
Lumina Gold Amends Unsecured Credit Facility with Ross Beaty
2022-12-13 16:40:01 VANCOUVER, BC, Dec. 13, 2022 /CNW/ – Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (“Lumina” or the “Company”) is pleased to announce that it is proposing to amend its unsecured credit facility (the “Facility”) with the Company’s largest shareholder, Ross Beaty. Key amendments and terms below: Facility will increase from C$10.0 million to C$15.0 […]
Pegasus Resources Announces Critical Mineral Exploration Tax Credit Flow Through Financing
2022-12-13 12:31:10 This news release is not for dissemination in the United States or for distribution to U.S. wire services. VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that the Company has arranged a […]
Mandalay Resources Corporation Announces Refinancing of Credit Facility
2022-12-01 18:33:29 Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia (“Scotiabank”) providing for […]
NGEx Minerals Announces Credit Facility
2022-09-29 16:04:23 VANCOUVER, BC, Sept. 29, 2022 /CNW/ – NGEx Minerals Ltd. (TSXV: NGEX) (“NGEx Minerals” “NGEx” or the “Company”) “) is pleased to announce that it has entered into a US$3,000,000 credit facility (the “Facility“), which will be evidenced by a debenture (the “Debenture“) with an effective date of September 28, 2022, to provide […]
Gold Royalty Announces Two-year Extension To Secured Revolving Credit Facility Of Up To US$25 Million
2022-09-14 03:43:58 VANCOUVER, BC, Sept. 14, 2022 /CNW/ – Gold Royalty Corp. (“Gold Royalty” or the “Company“) (NYSE American: GROY) is pleased to announce that it has extended the maturity date of its existing US$25 million secured revolving credit facility with Bank of Montreal to March 31, 2025. The extended credit facility consists of a US$10 […]
Guanajuato Silver Draws US$5,000,000 Credit Facility
2022-08-30 05:05:02 VANCOUVER, BC / ACCESSWIRE / August 30, 2022 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR)(OTCQX:GSVRF) is pleased to report that in conjunction with its recent acquisition of Minera Mexicana El Rosario S.A. de C.V. (“MMR“) from Great Panther Mining Limited, the Company has closed a US$5M concentrate pre-payment facility (the […]
Trevali Mining Secures Credit Approval for $110 Million Senior Debt Facility for Rosh Pinah Expansion (“RP2.0”)
2022-08-03 05:05:24 VANCOUVER, BC, Aug. 3, 2022 /CNW/ – Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV) (BVL: TV) (OTCQX: TREVF) (Frankfurt: 4TI) is pleased to announce that it has received credit approval from Standard Bank of Namibia Limited and The Standard Bank of South Africa Limited (together, “Standard Bank”) for a Senior Secured Financing […]
Equinox Gold Strengthens Balance Sheet with Updated Credit Facility
2022-07-28 07:22:18 All dollar amounts shown in United States dollars unless otherwise noted VANCOUVER, BC, July 28, 2022 /CNW/ – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce it has strengthened its balance sheet and increased its liquidity by amending its existing credit facility. Equinox Gold […]
Capstone Extends and Expands Its Revolving Credit Facility
2022-07-22 07:56:04 VANCOUVER, British Columbia / Jul 22, 2022 / Business Wire / Capstone Copper Corp. (“Capstone”) (TSX:CS) today announced that it has closed the amendment and extension of the Capstone corporate revolving credit facility (“RCF”) from $225 million to $500 million plus $100 million accordion and extended the RCF by four years to May […]
WHEATON PRECIOUS METALS SIGNS US$2 BILLION SUSTAINABILITY-LINKED REVOLVING CREDIT FACILITY
2022-07-18 14:15:15 TSX | NYSE | LSE: WPM VANCOUVER, BC, July 18, 2022 /CNW/ – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) has added a sustainability-linked element in connection with the extension to its existing undrawn US$2 billion revolving credit facility underscoring Wheaton’s commitment to sustainability initiatives. “At Wheaton, sustainability is integral to every […]
PureGold Mining Enhances Credit Facility, Closes US$6 Million Additional Credit Facility and Launches Strategic Review Process
2022-07-12 03:37:06 Closing of previously announced US$6 million Additional Credit Facility from Sprott New rescheduling of C$12 million of principal repayments to enhance liquidity Operational Turnaround Plan underway, Updated Life of Mine Plan remains on track Objective of strategic review process is to evaluate alternatives and maximize value VANCOUVER, British […]
Torq Resources Amends C$3 Million Credit Facility
2022-07-11 04:21:29 VANCOUVER, BC / ACCESSWIRE / July 11, 2022 / Torq Resources Inc. (TSX-V:TORQ) (OTCQX:TRBMF) (“Torq” or the “Company”) announces that it has agreed to amend the C$3 million two-year credit facility announced June 23, 2022. Under the amended terms, $2,000,000 will be advanced to the Company immediately on execution of the amended credit […]
Lumina Gold Announces a C$10.0 Million Unsecured Credit Facility with Ross Beaty and Provides Project Update
2022-07-06 03:52:30 Cangrejos Project Update As part of the 2021/2022 drill campaign, 29,932 metres of resource definition drilling and 3,059 metres of geotechnical drilling have been completed at Cangrejos, with an expected 1,700 metres of resource drilling and 450 metres of geotechnical drilling remaining. The remaining work is being completed with three rigs on site […]
Torq Resources Obtains C$3 Million Credit Facility
2022-06-23 13:45:27 VANCOUVER, BC / ACCESSWIRE / June 23, 2022 / Torq Resources Inc. (TSXV:TORQ) (OTCQX:TRBMF) (“Torq” or the “Company”) announces that it has obtained a commitment from an arms-length lender to provide a C$3 million two-year credit facility of which $500,000 will be advanced to the Company immediately. Amounts drawn under the facility are […]
Big Tree is Pleased to Acknowledge the Publication of Regulations for Canada’s Greenhouse Gas (GHG) Offset Credit System
2022-06-16 14:55:56 TORONTO, ON / ACCESSWIRE / June 16, 2022 / Big Tree Carbon Inc. (the “Company” or “Big Tree“) (TSXV:AGO) is pleased to recognize that the Government of Canada (“Canada”) has published the Canadian Greenhouse Gas Offset Credit System Regulations (“GHG OCSR”) in the Canada Gazette and has activated the Credit and Tracking System […]
Trigon Metals Completes Credit Agreement with Sprott Mining
2022-05-24 13:10:27 TORONTO / May 24, 2022 / Business Wire / Trigon Metals Inc. (TSX.V:TM) (“Trigon” or the “Company”) has entered into a credit agreement dated May 24, 2022 with Sprott Mining Inc. (“Sprott”) and the Company’s wholly owned subsidiary, Trigon (Morocco) Holding Corp. (“Trigon Morocco”), pursuant to which Sprott has lent to the Company […]
ArcWest Exploration and Geofine Exploration Consultants Sign Portable Assessment Credit Purchase Agreement
2022-05-02 05:36:10 Vancouver, British Columbia–(Newsfile Corp. – May 2, 2022) – ArcWest Exploration Inc. (TSXV: AWX) (“ArcWest”) is pleased to announce that it has entered into a Portable Assessment Credit purchase agreement (the “PAC Agreement”) with Geofine Exploration Consultants Ltd. (“Geofine”). Pursuant to the PAC Agreement, Geofine has agreed to sell $2,732,415 of British Columbia […]
EMX Royalty Announces Amendment and Extension to Sprott Credit Agreement
2022-01-25 16:05:39 Vancouver, British Columbia–(Newsfile Corp. – January 25, 2022) – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the “Company“, or “EMX“). Further to its news releases dated July 29, 2021, August 17, 2021 and October 21, 2021, the Company is pleased to announce it has entered into an amendment to extend the […]
SilverCrest Metals Draws an Additional US$30 Million on its US$120 Million Credit Facility
2021-12-30 07:39:48 VANCOUVER, BC, Dec. 30, 2021 /CNW/ – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that, as planned, the Company’s Canadian subsidiary has completed the third scheduled drawdown of US$30 million on its previously announced US$120 million Project Financing Facility (“Credit Facility”) with an affiliate of RK Mine Finance (see news […]
Excelsior Mining Announces Extension and Increase to Nebari Credit Facility
2021-12-23 06:37:40 PHOENIX, Dec. 23, 2021 /CNW/ – Excelsior Mining Corp. (TSX: MIN) (OTCQX: EXMGF) (FSE: 3XS) (“Excelsior” or the “Company”) is pleased to announce that it and its wholly-owned subsidiary Excelsior Mining Arizona, Inc. (“Excelsior Arizona”) has agreed with Nebari Natural Resources Credit Fund I LP (“Nebari”) to extend the maturity date of its […]
Central African Gold Advances Carbon Credit Business Plan
2021-12-13 07:57:01 Vancouver, British Columbia–(Newsfile Corp. – December 13, 2021) – Central African Gold Inc. (TSXV: CAGR) (FSE: BC21) (OTC Pink: NDENF) (“CAGR” or “Central African Gold“) is pleased to announce that with the guidance of independent consultants EcoMetrix and Inerjys, CAGR has identified a strong business case for the implementation of an industrial Solar […]
Harte Gold Announces BNPP’s Assignment of Credit Facilities
2021-11-22 05:03:15 TORONTO, Nov. 22, 2021 /CNW/ – HARTE GOLD CORP. (“Harte Gold” or the “Company“) (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) announces that it has been advised that BNP Paribas (“BNPP”) has assigned its rights and obligations in its capacity as lender under the Amended and Restated Credit Agreement made as of August 28, […]
MAG Silver Secures US$40 Million Revolving Credit Facility
2021-11-15 05:03:04 VANCOUVER, British Columbia, Nov. 15, 2021 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” “MAG Silver” or the “Company”) is pleased to report the signing of a binding commitment letter with the Bank of Montreal (“BMO”) for a fully underwritten US$40 million revolving credit facility (the “Facility”). Closing of […]
Eldorado Gold Announces New Senior Secured Credit Facility
2021-10-15 10:58:09 VANCOUVER, British Columbia, Oct. 15, 2021 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado”, the “Company” or “We”) is pleased to announce that the Company and its syndicate of lenders have executed an amended and restated senior secured credit facility (the “fourth amended and restated credit agreement” or “Fourth ARCA”). The Fourth ARCA consists […]
Sandstorm Gold Royalties Increases Credit Facility to $350 Million, First Royalty Company Sustainability-Linked Loan
2021-10-06 13:16:37 VANCOUVER, BC, Oct. 6, 2021 /CNW/ – Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE: SAND) (TSX: SSL) is pleased to announce that it has increased its revolving credit agreement allowing the Company to borrow up to $350 million, incorporating sustainability-linked performance targets to establish an Environment, Social, and Governance (“ESG”) […]