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| Home : Amarillo Gold Announces Gold-linked Credit Facility |
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Aug 18
2014 |
Amarillo Gold Announces Gold-linked Credit Facility |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2014) - Amarillo Gold Corp. (TSX VENTURE:AGC) ("Amarillo" or the "Company") is pleased to announce that it has entered into a gold-linked credit facility (the "Facility"). The purpose of the Facility is to both finance the Company and to consolidate many of the Company's current obligations into a single structure with a repayment scheme that is consistent with a) its continuing development plans on its flagship Mara Rosa project and b) financing conditions in the junior gold equity markets. The creditors of the facility are shareholders of the Company. |
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| Source:http://www.marketwired.com/mw/release.do?id=1939066&sourceType=3 |
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