|
| Home : Amarillo Gold Continues to Utilize 5,000 Oz Gold-Linked Credit Facility to Advance Towards Full Permitting and Feasibility on the Mara Rosa Project, Goias Brazil |
|
May 15
2015 |
Amarillo Gold Continues to Utilize 5,000 Oz Gold-Linked Credit Facility to Advance Towards Full Permitting and Feasibility on the Mara Rosa Project, Goias Brazil |
|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2015) - Amarillo Gold Corp. (TSX VENTURE:AGC) ("Amarillo" or the "Company") is pleased to announce that it has received the most recent drawdown from its gold-linked credit facility (the "Facility"). The Company entered into the Facility in September last year. The Facility's purpose is to finance the Company through the current adverse resource market conditions in an innovative way. It has consolidated many of the Company's obligations into a single structure and it provides a way for the Company to operate and continue with the mine permitting process at our flagship Mara Rosa project. By entering the Facility the Company has avoided raising funds via the market at a highly dilutive share price. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2019957&sourceType=3 |
| |
|
Related News
|
» Tamarack Valley Energy Ltd. Announces Increase to Private Placement Financing of Flow-Through Shares from $5.0 Million to $9.1 Million
» GDI Services aux immeubles inc. réalise un arrangement et un appel public à l'épargne de 150,4 millions de dollars
|
|
|
