Tag: Loan

Nine Mile Metals Announces Further Updates to Convertible Loan Financing

2023-12-04 18:48:02 VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) — NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will amend the proposed unsecured convertible loan financing that it announced in the Company’s news releases on November 21 and 27, 2023, (the “Convertible Loan”). The […]

Blue Star Announces Renewal of Loan

2023-10-25 16:03:20 Vancouver, British Columbia–(Newsfile Corp. – October 25, 2023) – Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) (“Blue Star” or the “Company”) has entered into a renewal agreement (the “Agreement“) with Dr. Georg Pollert, a director of the Company and a controlling shareholder, in relation with a loan in the principal […]

Northcliff Resources Settles Loan – Junior Mining Network

2023-10-24 14:18:13 VANCOUVER, BC, Oct. 24, 2023 /CNW/ – Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces, further to its June 23, 2022 news release, that it has settled the first and second tranches of the $5,200,000 Loan 2 in the amount of $4,000,000 plus accrued interest (the “Loan”) by issuing 225,789,474 shares […]

Nova Royalty Provides Update on Beedie Convertible Loan

2023-10-19 14:46:39 VANCOUVER, BC, Oct. 19, 2023 /CNW/ – Nova Royalty Corp. (“Nova” or the “Company“) (TSXV: NOVR) (OTCQB: NOVRF) is pleased to announce that in connection with the previously announced acquisition of Nova by Metalla Royalty & Streaming Ltd. (“Metalla“) pursuant to a plan of arrangement (the “Transaction“), Metalla has signed an amended and […]

Aurania Resources Announces Preliminary Election Results and Loan Agreement

2023-10-16 05:18:56 Toronto, Ontario–(Newsfile Corp. – October 16, 2023) – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (“Aurania” or the “Company”) announces that Mr. Daniel Noboa is the elected President of Ecuador following a runoff election held on October 15th. Mr. Noboa is a graduate of the Harvard Kennedy school and is expected […]

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 […]

Xplore Resources Announces Proposed Share Consolidation and CDN$40,000 Bridge Loan

2023-09-18 10:41:28 Vancouver, British Columbia–(Newsfile Corp. – September 18, 2023) – Xplore Resources Corp. (TSXV: XPLR) (“Xplore” or the “Company“) announces that the Board of Directors of the Company has recommended and authorized a consolidation of the Company’s outstanding common shares on the basis of two and one-half (2.5) pre-consolidation common shares for one (1) […]

Aura Minerals Announces Full Construction Decision for Borborema Project and Secures Term Loan of US$100 million to Fund Construction

2023-09-06 15:05:11 ROAD TOWN, British Virgin Islands, Sept. 06, 2023 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has approved the construction of the Borborema project (the “Project”). In addition, the Board has authorized Aura’s indirect […]

Goldgroup Mining Announces Settlement of Loan

2023-07-07 17:33:46 Vancouver, British Columbia–(Newsfile Corp. – July 7, 2023) – Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) (“Goldgroup” or the “Company“) hereby announces that, further the Company’s news release dated June 15, 2023, the Company has received minority shareholder approval at the Company’s Annual General and Special Meeting held on […]

Sandfire Resources America Announces Variation to Bridge Loan Agreement

2023-06-30 20:01:05 WHITE SULPHUR SPRINGS, Mont., June 30, 2023 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) announces that it has entered into a second variation agreement (the “Second Variation“) to its bridge loan agreement, as amended (the “Bridge Loan”) with Sandfire BC Holdings (Australia) Pty Ltd. (“Sandfire BC“), the Company’s largest […]

Kaizen Discovery Arranges C$2 Million Short-Term Loan from Ivanhoe Electric

2023-06-26 13:32:26 Vancouver, British Columbia–(Newsfile Corp. – June 26, 2023) – Kaizen Discovery Inc. (TSXV: KZD) (otherwise “Kaizen” or “the Company”) announces today that it has arranged a short-term loan of C$2 million (the “Short-Term Loan”) from Kaizen’s indirect majority shareholder, Ivanhoe Electric Inc. (“IE”). IE will advance funds under the Short-Term Loan at its […]

Sanatana Resources Obtains $800,000 Loan

2023-06-16 05:52:47 Vancouver, British Columbia–(Newsfile Corp. – June 16, 2023) – Sanatana Resources Inc. (TSXV: STA) (“Sanatana” or the “Company”) is pleased to announce that it has arranged a secured promissory note (the “Promissory Note“) pursuant to which Cobra Mortgage Services Ltd. (the “Lender“) has loaned $800,000 (the “Loan“) to the Company. The Company expects to […]

Goldgroup Mining Announces Proposed Settlement of Loan

2023-06-15 14:05:16 Vancouver, British Columbia–(Newsfile Corp. – June 15, 2023) – Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) (“Goldgroup” or the “Company“) hereby announces that the Company will be seeking minority shareholder approval at the Company’s Annual General and Special Meeting (the “Shareholders Meeting”) to be held on June 28, 2023 […]

Strategic Minerals Europe Issues Warrants In Connection With Previously Announced US$1.075 Million Loan Transaction

2023-05-29 14:03:13 TORONTO, May 29, 2023 /CNW/ – Strategic Minerals Europe Corp. (NEO: SNTA) (OTCQB: SNTAF) (“Strategic Minerals” or “the Company“), a company focused on the production, development, and exploration of tin, tantalum, and niobium, announces that, pursuant to the previously-announced US$1.075 million loan transaction (the “Loan“) with SMS (as defined herein), Jaime Perez Branger […]

IAMGOLD Announces $400 Million Term Loan Financing

2023-05-16 06:17:54 All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Toronto, Ontario–(Newsfile Corp. – May 16, 2023) – IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) (“IAMGOLD” or the “Company”) today announced that it has entered into a five year second lien secured term loan (the “2nd Lien Term Loan” or “Term Loan”) in […]

Torex Gold Resources Enters Into a Sustainability-Linked Loan

2023-05-04 14:01:39 TORONTO, May 04, 2023 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) is pleased to announce that it has amended the terms of its $150 million revolving credit facility and its $100 million term loan to include incentive pricing terms related to achieving various Sustainability Performance Targets (“SPTs”) including […]

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 […]

Trillium Gold Mines Announces CDN$70,000 Bridge Loan and Issuance of Warrants

2023-03-29 06:45:44 VANCOUVER, British Columbia, March 29, 2023 (GLOBE NEWSWIRE) — Trillium Gold Mines Inc. (TSXV: TGM, FRA: 0702) (“Trillium”) is pleased to announce that it has entered into a bridge loan agreement with RSD Capital Corp. (the “Lender”) dated March 28, 2023 (the “Loan Agreement”) to obtain a bridge loan in the principal amount […]

Richmond Minerals Announces Loan Arrangement

2023-03-28 14:04:06 TORONTO / Mar 28, 2023 / Business Wire / Richmond Minerals Inc. (TSXV: RMD) (“Richmond” or the “Company”) is pleased to announce it has entered into a short-term loan arrangement with an arm’s length lender whereby Richmond will borrow $100,000. The loan has a term of four months and expires on July 31, […]

Aton Resources Announces Bridge Loan

2023-03-07 15:02:53 VANCOUVER, BC / ACCESSWIRE / March 7, 2023 / Aton Resources Inc. (TSXV:AAN) (“Aton” or the “Corporation“) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$4.0 million from Moonrider, which Loan is repayable […]

Search Minerals Announces Secured Loan Terms

2023-03-06 18:12:25 VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) — Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY), is pleased to announce that that it has entered into a term sheet with InCoR Holdings Limited (“InCor” or the “Lender”) dated March 6, 2023, pursuant to which InCor will provide a secured term loan […]

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 […]

Premium Nickel Resources Announces “Best Efforts” Private Placement Financing of up to CAD $27 Million and Provides Update on Bridge Loan

2023-01-30 14:38:46 Toronto, Ontario–(Newsfile Corp. – January 30, 2023) – Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) (“PNRL“ or the “Company“) announces a brokered private placement, on a “best efforts” basis, of up to 15,430,000 common shares of the Company (the “Common Shares“) at a price of CAD$1.75 per common share for gross proceeds […]

Northcliff Resources Settles Loan  – Junior Mining Network

2023-01-17 05:50:57 VANCOUVER, BC, Jan. 17, 2023 /CNW/ – Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces, further to its June 23, 2022, August 18, 2022, August 24, 2022 and September 14, 2022 news releases, that it has settled the second tranche of $500,000 plus accrued interest of the $1,000,000 2021 loan by issuing […]

Cordoba Minerals Announces the Receipt of US$10 Million Bridge Loan from JCHX

2023-01-04 12:37:02 Vancouver, British Columbia–(Newsfile Corp. – January 4, 2023) – Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise “Cordoba” or the “Company”), is pleased to announce that the Company has received the funds with respect to the loan of US$10 million (the “Bridge Loan”) from a […]

Goldgroup Announces Convertible Loan Agreement

2022-12-12 07:15:46 Vancouver, British Columbia–(Newsfile Corp. – December 12, 2022) – Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) (“Goldgroup” or the “Company“) is pleased to announce it has entered into a loan agreement dated December 9, 2022 (the “Loan Agreement”) with Calu Opportunity Fund LP, previously known as Sail Natural Resources […]

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, […]

Fundraise via a Convertible Loan Note and Proposed Open Offer to Raise up to £4.2M

2022-11-28 00:31:56 GODALMING, UK / ACCESSWIRE / November 28, 2022 / Condor Gold Plc (AIM:CNR)(TSX:COG) announces it has raised £1 million through the issue of unsecured convertible loan notes (the “Loan Notes”) with warrants attached to Galloway Limited (“Galloway”), an 18.7% shareholder, which is wholly owned by Burnbrae Group Limited which is, in turn, wholly […]

Guanajuato Silver Confirms Early Loan Repayment

2022-11-22 06:12:10 VANCOUVER, BC / ACCESSWIRE / November 22, 2022 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR) (OTCQX:GSVRF) (AQSE:GSVR) is pleased to announce the partial prepayment of the two silver and gold loan/pre-payment facilities with Swiss-based precious metals trading firm, OCIM Precious Metals S.A. (“OCIM”), (see Guanajuato Silver previous news release dated […]

Premium Nickel Resources Announces CAD $7 Million Bridge Loan

2022-11-21 06:13:24 Toronto, Ontario–(Newsfile Corp. – November 21, 2022) – Premium Nickel Resources Ltd. (TSXV: PNRL) (“PNRL” or the “Company”) is pleased to announce a CAD 7 million bridge loan financing (the “Bridge Loan“) from Pinnacle Island LP, an arm’s-length limited partnership formed under the laws of the Province of Ontario (the “Lender“), which is […]

A.I.S. Resources Announces Loan Extensions

2022-11-18 18:55:26 VANCOUVER, British Columbia, Nov. 18, 2022 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSX.V: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that it has agreed in principle with two arms-length lenders to extend by five months the term of the lenders’ loans to the Company. The Company entered into loan agreements with the […]

Silver Bear Resources Announces Update on Its SKA Loan Agreement and Facilities Agreement Amendments and Filing of the Q3 2022 Interim Financial Report

2022-11-11 09:38:49 TORONTO / Nov 11, 2022 / Business Wire / Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX: SBR) provides an update on the loan agreement amendment between the Company’s wholly-owned subsidiary, Joint Stock Company Prognoz (“Prognoz”) and SKA Assets Management Limited (“SKA Assets”) (“SKA Loan Agreement Amendment”) and the Company’s facility […]

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 […]

Ranchero Gold Announces Convertible Loan

2022-09-26 07:00:06 VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) — Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V: RNCH) announces that it has signed a Letter of Intent (“LOI”) for a US$500,000 working capital loan (the “Loan”) from American PT Metals LLC. (“American Metals”) through its wholly owned subsidiary Mexico Minerales y Metales Earth […]

GoviEx Uranium Receives Final Payment Related to Linkwood Loan

2022-09-26 04:12:54 Vancouver, British Columbia–(Newsfile Corp. – September 26, 2022) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) is pleased to announce that, further to its news release of December 20, 2019, it has received the final payment related to the 2018 Linkwood loan from Linkwood Holdings Pte Ltd. and Medea Capital Partners Limited. Daniel […]

Tonogold Resources Announces Receipt of Conversion Commitments Representing in Excess of 73 Percent of Its Outstanding Convertible Loan Notes

2022-08-31 05:39:42 LA JOLLA, CA / ACCESSWIRE / August 31, 2022 / TONOGOLD RESOURCES, INC. (OTC PINK:TNGL) (“Tonogold” or “the Company”), a Company holding rights to acquire a substantial portion of the mineralized land within the Comstock Mining District, announces receipt of commitments for conversion to equity of over 73 percent of the aggregate principal […]

Goldgroup Announces Loan Agreement – Junior Mining Network

2022-08-12 06:18:52 Vancouver, British Columbia–(Newsfile Corp. – August 12, 2022) – Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) (“Goldgroup” or the “Company“) is pleased to announce it has entered into a loan agreement dated August 10, 2022 (the “Loan Agreement”) with Sail Natural Resources LP (the “Lender”) in the principal amount […]

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 […]

Galantas Gold Enters Into Loan Agreement

2022-07-26 14:36:39 TORONTO, July 26, 2022 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) announces that it has entered into a further loan agreement (“Loan Agreement”) for US$530,000 (the “Loan”) with Ocean Partners UK Ltd. (“Ocean” or the “Lender”). The Loan is to be used to fund […]

Kuya Silver Announces Term Loan and Provides Corporate Update

2022-07-22 05:14:24 Vancouver, British Columbia–(Newsfile Corp. – July 22, 2022) – Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the “Company“) announced it has agreed to a term loan financing (the “Loan“) with two non-arm’s-length related parties of the Company (the “Lenders“) for aggregate proceeds of CAD$300,000 to be used for general working capital […]

Baru Gold Announces Closing of US $1.5 Million Convertible Loan Financing for Sangihe Gold Mine

2022-07-20 06:09:39 July 20, 2022 – TheNewswire – Baru Gold Corp (TSXV:BARU) | (OTC:BARUF) (“BARU” or the “Company”) is pleased to announce that it has successfully closed its secured convertible loan transaction with Mercer Street Global Opportunity Fund, LLC, a fund managed by Mercer Street Capital Partners, LLC, a Miami-based institutional fund manager (together, “Mercer”), […]

Baru Gold Announces US $1.5 Million Convertible Loan Financing for Sangihe Gold Mine Production

2022-07-18 06:22:36 July 18, 2022 – TheNewswire – Baru Gold Corp. (TSXV:BARU) | (OTC:BARUF) (“BARU” or the “Company”) is pleased to announce it has entered into a convertible loan agreement with Mercer Street Global Opportunity Fund, LLC, a fund managed by Mercer Street Capital Partners, LLC, a Miami-based institutional fund manager (together, “Mercer”), to raise […]

Aton Resources Announces Bridge Loan and Loan Extensions

2022-07-14 15:31:49 VANCOUVER, British Columbia, July 14, 2022 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation“) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. Moonrider has also agreed to extend the maturity date of various loans which […]

Sandfire Resources America Announces Variation to Bridge Loan Agreement

2022-06-30 14:08:00 WHITE SULPHUR SPRINGS, Mont., June 30, 2022 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company”) announces that it has entered into a variation agreement (the “Variation“) to its bridge loan agreement (the “Bridge Loan”) with Sandfire BC Holdings (Australia) Pty Ltd. (“Sandfire BC“), the Company’s largest shareholder, and Tintina Montana […]

Northcliff Resources Announces Aggregate C$5.95 Million Loan Funding

2022-06-23 04:49:59 VANCOUVER, BC, June 23, 2022 /CNW/ – Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) is pleased to announce that it has entered into two secured loan agreements (“Loan 1″ and “Loan 2” or the “Loan Funding“) for an aggregate amount of up to C$5.95 million with Todd Sisson (NZ) Limited (“Todd“), […]

Millrock Announces Loan Agreement – Junior Mining Network

2022-06-21 14:58:48 VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) — Millrock Resources Inc. (TSX-V: MRO, OTCQB: MLRKF) (“Millrock” or the “Company”) reports that it has entered into a Loan Agreement with Redplug Capital Corporation. The loan is in the amount of $500,000 and will be used for general working capital. Millrock intends to repay […]

Amarc Resources Announces Amendment To Loan Agreement

2022-05-26 11:12:34 VANCOUVER, BC / ACCESSWIRE / May 26, 2022 / Amarc Resources Ltd. (“Amarc” or the “Company”) (TSX-V:AHR); (OTCQB:AXREF) announces that it has entered into a Second Loan Amendment Agreement dated May 25, 2022, pursuant to which it has agreed to a $100,000 increase to an existing $ 1 million loan with the lender […]

Foremost Lithium Announces C$1,145,000 Shareholder Loan

2022-05-04 00:14:31 Vancouver, British Columbia–(Newsfile Corp. – May 4, 2022) – Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (“FAT” or the “Company“) (www.foremostlithium.com) is pleased to announce that it has agreed to enter into a secured loan agreement with shareholders Mr. and Mrs. Jason and Christina Barnard (the […]

Candente Copper Arranges Bridge Loan

2022-04-29 04:12:29 VANCOUVER, British Columbia, April 29, 2022 (GLOBE NEWSWIRE) — Candente Copper Corp. (TSX:DNT, BVL:DNT, US:CCOUF) (“Candente Copper” or the “Company”) is pleased to advise that the Company has arranged a bridge loan in the aggregate principal amount of CDN$1 million from an arm’s length individual investor (the “Lender”) for a twelve-month term at […]

Northcliff Resources Settles Loan – Junior Mining Network

2022-03-24 14:24:29 VANCOUVER, BC, March 24, 2022 /CNW/ – Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces, further to its December 20, 2021 news release, that it has settled a loan of $800,000 plus accrued interest by issuing 23,421,971 shares to Todd Sisson (NZ) Limited (“Todd”), a subsidiary of the Todd Corporation, the […]

Vendetta Mining Announces Full Repayment and Retirement of Loan

2022-03-23 15:25:17 Vancouver, British Columbia–(Newsfile Corp. – March 23, 2022) – Vendetta Mining Corp. (TSXV: VTT) (“Vendetta” or the “Company“) is pleased to announce that the Company has completed the repayment of the loan advanced to the Company by Nebari Natural Resources Credit Fund I, LP (“Nebari“) pursuant to a loan agreement dated May 9, […]

Aurania Resources Announces US$1.18 Million Loan

2022-03-18 14:06:44 Toronto, Ontario–(Newsfile Corp. – March 18, 2022) – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (“Aurania” or the “Company”) announces that it has entered into a US$1,187,500 million loan (the “Loan“) with Dr. Keith Barron, the Company’s Chairman, CEO and largest shareholder (the “Lender“), pursuant to a promissory note issued by […]

Bluestone Announces US$30 million Bridge Loan to Advance the Cerro Blanco Gold Project

2022-03-14 01:31:40 VANCOUVER, BC, March 14, 2022 /CNW/ – Bluestone Resources Inc. (TSXV:BSR) (OTCQB:BBSRF) (“Bluestone” or the “Company”) is pleased to announce that it has established a US$30,000,000 loan (the “Loan“) with Zebra Holdings and Investments S.à.r.l, and Lorito Holdings S.à.r.l (the “Lender“). The Loan will provide for the drawdown of funds by the Company in tranches […]

Kinross Gold announces US$1.0 billion term loan

2022-03-07 15:07:04 TORONTO, March 07, 2022 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on March 7, 2025, has no mandatory amortization payments, and has a flexible repayment schedule. Kinross used the proceeds of the financing […]

Magna Gold Amends Loan Agreement with Auramet International LLC

2022-03-04 16:06:02 TORONTO, March 4, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), announces that it has entered into an amending agreement (the “Amending Agreement”) in respect of the secured promissory note and guaranty dated February 11, 2021 (as first amended on September 21, 2021, the “Note”) previously issued […]

Galantas Gold Closes Loan Agreement for US$1.06 Million

2022-02-03 16:57:04 TORONTO, Feb. 03, 2022 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) announces the closing of the loan agreement (“Loan Agreement”) for US$1.06 million (the “Loan”) with Ocean Partners UK Ltd. (“Ocean” or the “Lender”). Terms of the Loan Agreement, as previously announced on January […]

Aton Resources Announces Bridge Loan

2022-01-27 11:16:49 VANCOUVER, British Columbia, Jan. 27, 2022 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation”) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable […]

Galantas Gold Enters Into Loan Agreement

2022-01-25 00:06:29 TORONTO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) announces that it has entered into a loan agreement (“Loan Agreement”) for US$1.06 million (the “Loan”) with Ocean Partners UK Ltd. (“Ocean” or the “Lender”). The Loan is to be used for further […]

Silver Bear Resources Announces Amendment to Loan Agreement

2022-01-20 05:52:00 TORONTO / Jan 20, 2022 / Business Wire / Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX: SBR) announces that effective 01 January 2022, it has amended its existing loan agreement (the “Loan Agreement”) between the Company’s wholly-owned subsidiary, Joint Stock Company Prognoz, and SKA Assets Management Limited (“SKA Assets”) with […]

Aton Resources Announces Bridge Loan

2022-01-05 09:30:28 VANCOUVER, British Columbia, Jan. 05, 2022 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation”) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable […]

Altaley Mining Executes US$5 Million Bridge Loan Financing Agreement

2021-12-29 11:33:24 Vancouver, British Columbia–(Newsfile Corp. – December 29, 2021) – Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (“Altaley” or the “Company“) is pleased to announce that it has executed a Loan Agreement (the “Loan Agreement”) with Sail Natural Resources LP (the “Lender“) whereby Lender will provide a US$5million loan facility to Altaley, proceeds […]

Northcliff Resources Announces Extension Of Loan Financing Maturity

2021-12-20 05:53:40 VANCOUVER, BC, Dec. 20, 2021 /CNW/ – Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces that it has entered into an amendment agreement with Todd Sisson (NZ) Limited (“Todd”), a subsidiary of the Todd Corporation, the Company’s largest shareholder, to extend the maturity of the initial tranche ($400,000) of the February […]

A.I.S. Resources Announces Loan Financing

2021-11-05 17:35:23 VANCOUVER, British Columbia, Nov. 05, 2021 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces the Company has entered into loan agreements with certain parties for aggregate loan proceeds of $400,000. Loans totaling $300,000 are for the term of one year and bear interest at 3% per […]

Aton Resources Announces Bridge Loan

2021-10-27 10:00:27 VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation”) announces that it has entered into an additional bridge loan (the “Loan“) with OU Moonrider (“Moonrider“), a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable […]

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”) […]

Mako Mining Announces Extension of Wexford Loan in Preparation for Return of Capital to Shareholders

2021-10-04 04:03:45 VANCOUVER, BC, Oct. 4, 2021 /CNW/ – Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) (“Mako” or the “Company“) is pleased to announce that Wexford Catalyst Trading Limited, Wexford Spectrum Trading Limited and Debello Trading Limited (collectively, the “Lenders“) and Wexford Capital LP, as agent on behalf of the Lenders (the “Agent“) have agreed to an extension […]