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TORONTO, ONTARIO--(Marketwired - Dec. 11, 2013) - Centerra Gold Inc. (TSX:CG) announced today it has extended its existing US$150 million revolving credit facility (the "Facility") with the European Bank for Reconstruction and Development ("EBRD") until February 17, 2015.
Ian Atkinson, President and CEO of Centerra commented, "We are very pleased that we have been able to extend this facility with EBRD and to continue our partnership with them on the Kumtor Project. While Centerra has a strong balance sheet and we generate significant operating cash flow, we feel it is important to have the added financial flexibility that a corporate revolving credit facility gives us." |
