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 […]
Victoria Gold Amends Secured Loan Facility
2023-10-11 01:07:36 WHITEHORSE, Yukon, Oct. 11, 2023 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce that it has further amended its secured debt agreement (the “Loan Facility”) dated December 18, 2020, as amended December 20, 2021, June 16, 2022 and February 17, 2023. The Loan Facility is comprised […]
Foran Mining Secures C$67 Million Equipment Finance Facility for McIlvenna Bay
2023-09-07 03:06:11 VANCOUVER, BC, Sept. 7, 2023 /CNW/ – Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce it has received approval for and entered into a strategic equipment finance arrangement (the “Facility”) with Sandvik Financial Services Canada. The Facility is intended to cover the initial battery electric vehicle mining […]
LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY
2023-08-23 17:04:52 VANCOUVER, BC, Aug. 23, 2023 /CNW/ – (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Please view PDF version. Lucara Diamond Corp. (“Lucara” or the “Company”) announces the short-term extension of the maturity of its $50 million senior secured working capital facility (the “WCF”) and a deferral to November 1, 2023 of the requirement […]
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 […]
New Gold Provides New Afton Tailings Storage Facility Update
2023-08-10 06:14:55 TORONTO, Aug. 10, 2023 /CNW/ – New Gold Inc. (“New Gold” or the “Company”) (TSX: NGD) (NYSE American: NGD) provides an update on its tailings facilities at the Company’s New Afton Mine, located in Kamloops B.C. During regular inspections of the New Afton Tailings Storage Facility completed on August 9th, the Company observed […]
Construction of the Vanadiumcorp Electrolyte Manufacturing Facility is on Track
2023-08-08 05:38:07 Vancouver, British Columbia and Val-des-Sources, Québec – TheNewswire – August 8, 2023 – VanadiumCorp Resource Inc. (TSXV:VRB) (FSE:NWNA) (OTC:VRBFF) (“VanadiumCorp” or the “Company”) reports that the progress of the construction of the Company’s first facility for manufacturing vanadium electrolytes, announced on March 29, 2023, is on track. The Company has taken possession of […]
Ascot Resources Closes US$14 Million Nebari Convertible Facility
2023-06-27 14:16:16 VANCOUVER, British Columbia, June 27, 2023 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that pursuant to its News Release dated June 19, 2023, it has closed the US$14 million subordinated convertible credit facility (the “Nebari Convertible Facility”) with Nebari Gold Fund 1, […]
Ur-Energy Announces Restart of Commercial Production and Completion of Casper Centralized Services Facility
2023-05-30 14:13:35 LITTLETON, CO / ACCESSWIRE / May 30, 2023 / Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the “Company” or “Ur-Energy”) is pleased to announce the successful startup of production flow from Header House 2-4 at our Lost Creek In Situ Uranium Facility in Sweetwater County, Wyoming. Production rates will continue to increase as additional header […]
Comstock Advances Purchase and Sale of Facility
2023-04-27 03:02:20 VIRGINIA CITY, Nev., April 27, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the receipt of an additional $7 million toward the sale of the LINICO Battery Recycling Facility (the “Facility”) to American Battery Technology Company, a Nevada corporation (“ABTC”), bringing total cash received to date to […]
Fission Submits Application for License to Construct Uranium Mine and Mill Facility at the PLS Project, Saskatchewan
2023-04-27 00:03:57 This email address is being protected from spambots. You need JavaScript enabled to view it.www.fissionuranium.com TSX SYMBOL: FCUOTCQX SYMBOL: FCUUF FRANKFURT SYMBOL: 2FU Company […]
St-Georges Receives Impressive Results from Mineral Material Collected In-Situ from a Geothermal Power Facility in Iceland
2023-04-24 05:00:56 MONTRÉAL, QC / ACCESSWIRE / April 24, 2023 / St-Georges Eco-Mining Corp. (CSE:SX) (OTCQB:SXOOF) (FSE:85G1) is pleased to announce the initial assay results from samples derived from its metallurgical sampling initiative with an Icelandic geothermal power plant. The program is the result of a collaboration and research agreement between the Company’s wholly owned […]
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 […]
Comstock Advances Asset and Facility Sales for $27 Million
2023-04-10 03:48:07 VIRGINIA CITY, Nev., April 10, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) On March 7, 2023, the Company announced that its 88.21% owned LINICO Corporation (“LINICO”) subsidiary entered into amended and restated agreements to sell certain assets for $27.0 million, including the Battery Recycling Facility located in the […]
Fourth Sangdong Tungsten Mine Loan Facility Drawdown
2023-04-03 04:19:56 Highlights: US$5.6 million drawdown of KfW IPEX-Bank project finance facility completed fourth scheduled drawdown; Total drawn under KfW IPEX-Bank facility now stands at US$32.3 million of the total US$75.1 million facility; Sangdong mine construction remains on track for commissioning in 2024 and when in operation will be the world’s largest tungsten mine outside […]
Perseus Upsizes Corporate Debt Facility to US$300 million
2023-04-02 15:41:54 Perth, April 03, 2023 (GLOBE NEWSWIRE) — PERSEUS REFINANCES AND UPSIZES DEBT FACILITY TO US$300 MILLION Perth, Western Australia/April 3, 2023/African focused gold producer Perseus Mining Limited (ASX/TSX:PRU) is pleased to announce it has refinanced its existing syndicated debt facility to a US$300 million revolving corporate facility. HIGHLIGHTS Perseus signs a US$300 million […]
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 […]
Guanajuato Silver Arranges New US$5,000,000 Facility with OCIM
2023-03-16 13:16:57 ~ New Facility Fully Repays and Replaces Current OCIM Facility ~ VANCOUVER, BC / ACCESSWIRE / March 16, 2023 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR) (AQUIS:GSVR) (OTCQX:GSVRF) is pleased to announce that the Company has arranged a new US$5,000,000 silver and gold pre-payment facility (the “New Pre-Payment Facility”) with […]
Comstock Metals Recycling Subsidiary Sells Facility for $27 Million
2023-03-07 04:00:57 VIRGINIA CITY, Nev., March 07, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced agreements by LINICO Corporation, Comstock’s 88% owned subsidiary (“LiNiCo”), to sell LiNiCo’s facility at 2500 Peru Drive, McCarran, Nevada, for a gross price of $27 million. The facility was being leased pursuant to an […]
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 […]
Victoria Gold Amends Secured Loan Facility
2023-02-22 04:02:07 WHITEHORSE, Yukon, Feb. 22, 2023 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce that it has further amended its secured debt agreement (the “Loan Facility”) dated December 18, 2020, as amended December 20, 2021 and June 16, 2022. The Loan Facility is comprised of a term […]
Planned Port Facility Improvements at Marathon to Enhance Logistics of 890Mt Prairie Lake Critical Minerals & Phosphate Project
2023-02-16 09:07:02 Toronto – TheNewswire – February 16, 2023 – Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE:NWI) today provided information reported by the Peninsula Harbour Authority on planned port development at the town of Marathon, Ontario. The planned improvements will enhance the logistical position and add to the development potential of the Company’s Prairie […]
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 […]
Western Uranium & Vanadium Processing Facility Update
2023-01-25 07:03:39 Toronto, Ontario and Nucla, Colorado, Jan. 25, 2023 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or the ”Company”) is pleased to provide further details on our previous announcement regarding a new mineral processing facility in Utah to be built by the Company in the Green River Industrial Park (the […]
Tantalex Lithium Resources Obtains 3M USD Revolving Finance Facility
2023-01-24 06:57:55 Toronto, Ontario – TheNewswire – January 24th, 2023 – Tantalex Lithium Resources Corp. (CSE:TTX) – (FSE:DW8) – (OTC:TTLXF) (“Tantalex” or the “Corporation”), is pleased to announce that it has obtained a revolving finance facility of USD$3,000,000 on January 13, 2023, for it’s TiTan tin and tantalum concentrate plant (the “Facility”) scheduled to begin […]
Cypress Development Provides Progress Update On Feasibility Study And Lithium Extraction Facility
2023-01-23 06:35:26 VANCOUVER, BC, Jan. 23, 2023 /CNW/ – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to provide a progress update on its ongoing Feasibility Study being conducted on the Company’s Clayton Valley Lithium Project (“Project”) near Silver Peak, Nevada, and on its operational Lithium Extraction Facility (“Pilot Plant”) […]
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, […]
Lundin Gold Announces Early Repayment of Gold Prepay Facility
2023-01-05 15:10:03 VANCOUVER, BC, Jan. 5, 2023 /CNW/ – Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) (“Lundin Gold” or the “Company”) is pleased to announce the early repayment in full of its gold prepay credit facility (the “Gold Prepay Facility“). All amounts are in U.S. dollars unless otherwise indicated. Pursuant to the terms […]
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 […]
Golden Goliath Reports Fire at Our Core Processing Facility
2022-12-09 07:32:45 Vancouver, British Columbia–(Newsfile Corp. – December 9, 2022) – Golden Goliath Resources Ltd. (TSXV: GNG) (OTC Pink: GGTHF) (FSE: GGZ) – Golden Goliath reports today that an overnight fire that started on a neighboring property has destroyed the core logging facility the Company was using for our preliminary drill program on our 100% […]
Guanajuato Silver Arranges US$5 Million Debt Facility
2022-12-08 06:35:08 VANCOUVER, BC / ACCESSWIRE / December 8, 2022 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR) (AQUIS:GSVR) (OTCQX:GSVRF) is pleased to announce that it has signed a new concentrate and pre-payment credit facility with Ocean Partners (UK) Limited (“Ocean Partners“), a UK based metals offtake and trading firm, to provide a […]
Bunker Hill Mining Announces Closing of $5,000,000 Loan Facility
2022-12-06 07:18:36 TORONTO, Dec. 06, 2022 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to announce the closing of the previously announced $5,000,000 loan facility (the “Facility”) with Sprott Private Resource Streaming & Royalty Corp (“Sprott Streaming”). As noted in the Company’s news release of November 18, 2022, […]
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 […]
Ranchero Gold Announces Completion of Debt Facility
2022-11-29 11:57:40 VANCOUVER, British Columbia, Nov. 29, 2022 (GLOBE NEWSWIRE) — Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V: RNCH) is pleased to announce the closing of its draw-down facility (“Loan”) with American PT Metals LLC (“American Metals”) (refer to the Press Release on September 26, 2022). The Loan is made to an indirect wholly-owned […]
Skeena Resources Provides Update on Albino Waste Storage Facility
2022-11-22 17:46:41 VANCOUVER, BC / ACCESSWIRE / November 22, 2022 / Skeena Resources Limited (TSX:SKE) (NYSE:SKE) (“Skeena” or the “Company”) announces that on November 22, 2022,the Company received the decision of Justice Iyer of the British Columbia Supreme Court dismissing its appeal of the BC Chief Gold Commissioner’s decision in Richard Mill versus Skeena. Refer […]
Black Swan Graphene Announces Launch of Scoping Study for Large Scale Production Facility
2022-11-21 05:34:40 TORONTO, Nov. 21, 2022 /CNW/ – Black Swan Graphene Inc. (“Black Swan” or the “Company”) (TSXV: SWAN) (OTCQB: BSWGF) is pleased to announce the launch of an initial large scale production engineering study (the “Scoping Study”) in partnership with Halyard Inc., a Toronto based Engineering firm (“Halyard”). The Scoping Study will provide an initial […]
Bunker Hill Announces New $5,000,000 Loan Facility From Sprott and Provides Update on Project Finance Process
2022-11-18 05:06:48 TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to announce a new loan facility from Sprott Private Resource Streaming & Royalty Corp. (“Sprott Streaming”), and provide an update regarding ongoing efforts to fully finance the Bunker Hill mine restart including securing the […]
Eastplats Announces Platinum Pipeline Finance Facility Agreement with Investec Bank Limited Updated and Filed
2022-11-10 00:55:36 Vancouver, British Columbia–(Newsfile Corp. – November 10, 2022) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) (“Eastplats” or the “Company“) announces the signed pipeline finance agreement between Investec Bank Limited (“Investec“) and Barplats Mine (Pty) Ltd, a wholly owned subsidiary of Eastplats, which delivers tailings platinum group metals to Impala Platinum Limited previously […]
GoldMining Extends Non-Dilutive Loan Facility with Bank of Montreal and Provides Balance Sheet Update
2022-10-28 04:23:12 VANCOUVER, BC, Oct. 28, 2022 /CNW/ – GoldMining Inc. (“GoldMining” or the “Company“) (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that it has extended its existing loan facility (the “Facility“) with the Bank of Montreal for an additional year to October 27, 2023. The Company has elected to reduce the overall size […]
Braveheart Resources Amends Concentrate Offtake Agreement and Stockpile Financing Facility for Bull River Mine Project
2022-10-21 08:07:40 Calgary, Alberta–(Newsfile Corp. – October 21, 2022) – Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) (“Braveheart” or the “Company“) is pleased to announce that it has amended its Concentrate Offtake Agreement (the “Agreement”) and Stockpile Financing Facility (the “Facility”) with Ocean Partners UK Ltd. (“Ocean”) effective October 1, 2022. Further to […]
Talon Metals Battery Minerals Processing Facility Selected by US Department of Energy for $114 Million in Bipartisan Infrastructure Law Funding
2022-10-19 08:39:59 Facility will process nickel and other battery minerals in North Dakota, moving processing and tailings management away from the Minnesota mine site Tamarack, Minnesota–(Newsfile Corp. – October 19, 2022) – Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) (“Talon” or the “Company”) has been informed that its wholly-owned subsidiary, Talon Nickel (USA) LLC, […]
Canada Nickel Company Closes Previously Announced US$10 Million Loan Facility with Auramet International
2022-10-18 14:01:49 TORONTO, Oct. 18, 2022 /CNW/ – Canada Nickel Company Inc. (“Canada Nickel” or the “Company“) (TSXV: CNC) (OTCQX: CNIKF) today announced that it has closed a secured loan facility with Auramet International, Inc. (“Auramet”) of US$10 million previously announced on September 29, 2022. The proceeds will allow the Company to execute post feasibility study work […]
Molten Metals Signs Lease for Processing Facility in Slovakia
2022-10-18 06:24:50 Vancouver, B.C. – TheNewswire – October 18, 2022 – MOLTEN METALS CORP. (the “Company”) (CSE:MOLT), is pleased to announce that its wholly-owned subsidiary, Slovak Antimony Corp., has signed a lease for a processing facility at Svedlar in Eastern Slovakia. The lease covers some 20% of the Svedlar complex, which was constructed as […]
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 […]
CORRECTION FROM SOURCE: Steppe Gold Announces Gold Prepayment Facility
2022-09-29 08:46:52 This document corrects and replaces in its entirety the previous release that was issued by Steppe Gold Limited earlier today, where it should have read, “The Triple Flag Gold Prepay Facility will be repaid over 6 months starting December 23, 2022 by six monthly deliveries of 500 oz of gold for a total of 3,000 […]
Steppe Gold Announces Gold Prepayment Facility
2022-09-29 06:01:22 Ulaanbaatar, Mongolia–(Newsfile Corp. – September 29, 2022) – Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce that it has entered into an agreement with Triple Flag International Ltd (“Triple Flag”) for a short-term gold prepay facility (the “Triple Flag Gold Prepay Facility”). One […]
Northern Dynasty Minerals: Pebble Tailings Storage Facility Designed to Protect the Fishery
2022-09-19 03:55:22 VANCOUVER, BC / ACCESSWIRE / September 19, 2022 / Northern Dynasty Minerals Ltd. (TSX:NDM) (NYSE American:NAK) (“Northern Dynasty” or the “Company” or “NDM”) and the Pebble Partnership (“PLP”) highlight several design features that enhance the safety of the tailings storage facility (“TSF”) for the Proposed Pebble Project to counter negative generalizations repeatedly put […]
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 […]
Canada Silver Cobalt Completes Commissioning of High-Grade Processing and Gravity Plants at TTL Facility
2022-09-14 01:41:06 TTL is now ready to process high-grade mineralized material and tailings from nearby mines into silver dore bars. Coquitlam, British Columbia–(Newsfile Corp. – September 14, 2022) – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to announce that its 100%-owned Temiskaming Testing […]
Eldorado Gold Signs Mandate Letter for Skouries Project Finance Facility
2022-09-07 03:37:22 VANCOUVER, British Columbia, Sept. 07, 2022 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or the “Company”) is pleased to announce that it has entered into a mandate letter (“Mandate Letter”) with Greek banks for a credit committee approved €680 million project finance facility for the development of the Skouries Project in Northern Greece […]
Quantum Battery Metals Looks for Processing Facility near Alba and Kelso
2022-09-05 15:32:37 Vancouver, British Columbia–(Newsfile Corp. – September 5, 2022) – Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) (“Quantum” or the “Company”) announces that with the expansion of its mining programs specifically in the James Bay Area in Quebec focusing on lithium, the Company is searching for potential processing partners to […]
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 […]
Canada Silver Cobalt Works Closes Acquisition to Purchase Industrial-Zoned Property with Highway Access for Core Processing Facility
2022-08-25 13:44:13 The purchase of a 10-acre industrial-zoned property with direct Highway 11 access will allow Canada Silver Cobalt abundant area for core handling and more efficient use of space Coquitlam, BC – TheNewswire – August 25, 2022 – Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) […]
Integra Resources Closes Oversubscribed Overnight Marketed Offering for US$11 Million and Will Draw the US$10 Million Initial Advance on the US$20 Million Convertible Loan Facility With Beedie Capital
2022-08-04 06:05:08 VANCOUVER, British Columbia, Aug. 04, 2022 (GLOBE NEWSWIRE) — Integra Resources Corp. (“Integra” or the “Company”) (TSX-V: ITR; NYSE American: ITRG) is pleased to announce that it has closed its previously announced overnight marketed public offering (the “Offering”). Pursuant to the Offering, Integra issued 16,666,667 common shares of the Company (“Shares”), including 1,515,152 […]
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 […]
Zinc8 Energy Solutions Announces U.S. Senate Majority Leader Charles E. Schumer Support for Zinc8 to Establish Battery Manufacturing Facility in Ulster, NY
2022-07-08 11:02:14 ~Zinc8 considering new production facility in NY as next step towards commercialization~ VANCOUVER, BC, July 8, 2022 /CNW/ – Zinc8 Energy Solutions Inc. (“Zinc8” or the “Company“) (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) is pleased to announce the support from the U.S. Senate Majority Leader Charles E. Schumer (D-NY) for Zinc8 to establish a manufacturing […]
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 […]
Almonty Industries Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility
2022-07-05 04:38:56 TORONTO / Jul 05, 2022 / Business Wire / Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that it has received from KfW-IPEX Bank the fully executed utilization request for the first drawdown of US$12,818,081 from the US$75.1M facility. […]
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 […]
Microbes may be capable of causing damage to massive nuclear facility
2022-06-14 The proposed storage facility is called a “deep geological repository” (DGR) and would sit 500 to 800 meters underground in one of two Ontario sites. Every room storing nuclear waste will be packed and sealed with bentonite clay, as it helps dissipate heat and reduces water movement when packed tightly. But the clay is […]
Texas Mineral Resources Joint Venture Partner Secures First Domestic Rare Earth Metal and Magnet Manufacturing Facility
2022-06-09 10:10:20 SIERRA BLANCA, TX, June 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Texas Mineral Resources Corp. (OTCQB: TMRC) an exploration company currently targeting the heavy rare earths, technology metals and a variety of industrial minerals primarily through its 20% ownership interest in the Round Top Mountain project in Texas, is pleased to report […]
Jervois Global Increases Working Capital Facility to US$150 million
2022-06-06 06:44:18 Highlights: Due to higher cobalt prices, Jervois Finland has increased its working capital facility with Mercuria Energy Trading SA (“Mercuria”) from US$75 million to US$150 million. This extends Jervois’ flexibility to fund future increases in working capital which may result from higher cobalt prices. […]
Guanajuato Silver Draws US$7.5m Silver/Gold Pre-Payment Facility from OCIM
2022-05-09 05:31:49 VANCOUVER, BC / ACCESSWIRE / May 9, 2022 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver”) (TSXV:GSVR)(OTCQX:GSVRF) has drawn down US$7.5 million from its silver and gold pre-payment facility (the “Pre-Payment Facility“) with Swiss-based precious metals trading firm, OCIM Precious Metals S.A. (“OCIM“), announced March 24, 2022. The net proceeds from the […]
Canada Silver Cobalt to Purchase Industrial-Zoned Property with Highway Access for Core Processing Facility
2022-04-29 23:12:30 The purchase of a 10-acre industrial-zoned property with direct Highway 11 access will allow Canada Silver Cobalt abundant area for core handling and more efficient use of space Coquitlam, BC – TheNewswire – April 29, 2022 – Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “Company” or “Canada Silver Cobalt”) announces […]
Altiplano Metals Reports on Construction Progress at El Penon Processing Facility
2022-02-08 07:10:50 Edmonton, Alberta–(Newsfile Corp. – February 8, 2022) – Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (“Altiplano” or the “Company”) is pleased to report on the ongoing construction activity at the El Peñón processing facility being built to support copper-gold-iron production from the Farellon mine located near La Serena, Chile. Highlights Altiplano obtained […]
Ximen Mining Corp Secures $8 Million Equity Facility
2022-01-25 07:15:58 VANCOUVER, BC / ACCESSWIRE / January 25, 2022 / Ximen Mining Corp. (TSXV:XIM) (FRA:1XMA) (OTCQB:XXMMF) (the “Company” or “Ximen”) is pleased to announce it has entered into an extension to its investment agreement with Alumina Partners (Ontario) Ltd., an affiliate of New York-based private equity firm Alumina Partners LLC. providing a drawdown equity […]
Denison Mines Announces 22.5% Owned McClean Lake Operation Granted Approval to Expand Tailings Management Facility
2022-01-19 14:36:03 TORONTO, Jan. 19, 2022 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to report that the Canadian Nuclear Safety Commission (“CNSC”) has approved an amendment to the uranium mine and mill licence for the McClean Lake Operation to allow for the expansion of the JEB Tailings […]
Bayhorse Silver Completes New Milling Facility and Restarts Milling Operations at the Bayhorse Silver Mine, Oregon, USA
2022-01-13 12:49:37 Vancouver, British Columbia–(Newsfile Corp. – January 13, 2022) – Bayhorse Silver Inc. (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the “Company” or “Bayhorse”) announces that the Company’s mining and mill teams have completed the new upgraded mill facility, Payette, Idaho, that is now ready for operations in slightly more than 90 days from 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 […]
Altiplano Metals: Magnetic Separator and Dewatering Equipment Arrive at the El Peñón Processing Facility
2021-12-30 07:11:12 Edmonton, Alberta–(Newsfile Corp. – December 30, 2021) – Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (“Altiplano” or the “Company”) is pleased to provide an update on the construction phase at the El Peñón processing facility to support the Farellon Iron-Oxide-Copper-Gold (Cu-Au) mine located near La Serena, Chile. The Company is pleased to report […]
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 […]
Altiplano Metals Receives Approval for Industry Leading Water Recovery Circuit and Iron Separation at the El Peñón Processing Facility
2021-12-16 07:08:31 Edmonton, Alberta–(Newsfile Corp. – December 16, 2021) – Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (“Altiplano” or the “Company”) is pleased to provide an update on the construction phase at the El Peñón processing facility to support the Farellon Iron-Oxide-Copper-Gold (Cu-Au) mine located near La Serena, Chile. The Company is pleased to report […]
Uranium Royalty Corp. Files Quarterly Report, Expands Physical Uranium Inventory and Increases Margin Loan Facility
2021-12-14 05:04:30 This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated August 18, 2021 to its short form base shelf prospectus dated June 16, 2021. VANCOUVER, BC, Dec. 14, 2021 /CNW/ – Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) (“URC” or the “Company“) announces that it has published […]
Skeena Resources Discovers Additional High Grade Mineralization at Eskay Creek Albino Waste Facility Including 10.13 g/t AuEq over 16.77 metres
2021-12-08 06:05:04 VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Skeena Resources Limited (TSX:SKE )(NYSE:SKE ) (“Skeena” or the “Company”) is pleased to report new drilling results from the 2021 Phase II Albino Waste Facility (“AWF”) investigation at the Eskay Creek gold-silver project (“Eskay Creek” or the “Project”) located in the Golden Triangle of […]
Canada Silver Cobalt to Purchase Industrial-Zoned Property with Highway Access for Core Processing Facility
2021-12-07 05:38:39 The purchase of a 10-acre industrial-zoned property with direct Highway 11 access will allow Canada Silver Cobalt abundant area for core handling and more efficient use of space Coquitlam, BC – TheNewswire – December 7, 2021 – Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the “Company” or “Canada Silver Cobalt”) is […]
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 […]
Steppe Gold Announces US$65m in Project Finance and Working Capital Debt Facility to Fast Track Phase 2 Construction
2021-11-10 07:03:03 ULAANBAATAR, Mongolia, Nov. 10, 2021 (GLOBE NEWSWIRE) — Steppe Gold Ltd (TSX: STGO) (OTCQX:STPGF) (FSE:2J9) (“Steppe Gold” or the “Company”) is extremely pleased to announce that it has reached agreement for up to $65m (all figures in US$ unless otherwise stated) in debt capital (the “Loans”) to fast track its phase two construction of […]
Great Panther Re-Establishes At-The-Market Facility
2021-10-15 15:27:21 TSX: GPR | NYSE American: GPL VANCOUVER, BC, Oct. 15, 2021 /CNW/ – Great Panther Mining Limited (TSX:GPR) (NYSE-A:GPL) (“Great Panther” or the “Company”), a growing gold and silver producer focused on the Americas, announces that it has entered into an At-the-Market Offering Agreement (the “ATM Agreement”) of up to $25 million (the […]
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”) […]
Skeena Resources Initiates Phase II Drilling Program at Eskay Creek Albino Waste Facility and Releases Snip Infill Results
2021-10-04 05:02:34 VANCOUVER, BC / ACCESSWIRE / October 4, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) (“Skeena” or the “Company”) is pleased to report that it has initiated the Phase II drill investigation of the Albino Waste Facility (“AWF”) at the Eskay Creek gold-silver project (“Eskay Creek” or the “Project”) located in the Golden Triangle of […]