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Stocks in play: Lundin Gold Inc.

Baystreet.ca
Updated
Announced a project finance package of $400 to $450 million with the Orion Mine Finance Group and Blackstone ...

Announced a project finance package of $400 to $450 million with the Orion Mine Finance Group and Blackstone Tactical Opportunities. The Financing provides the foundation for the development of the Company's Fruta del Norte project and shows the growing support for mining investment in Ecuador. The Financing is comprised of a gold prepay credit facility for $150 million, a stream loan credit facility of $150 million and committed participation of $100 to $150 million to future equity financings required to fund the project. All dollar amounts are quoted in U.S. dollars. Lundin Gold Inc.