Corporate Breaking News
Corporate Breaking News
Home : Detour Gold Closes US$105 Million Financing for Mining Fleet
May 03
2011

Detour Gold Closes US$105 Million Financing for Mining Fleet

TORONTO, ONTARIO--(Marketwire - May 3, 2011) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to announce the closing of the previously announced agreement with Caterpillar Financial ("Cat Financial") pursuant to which Cat Financial will underwrite US$105 million in mobile fleet equipment financing to fund the Company's acquisition of Cat mining equipment supplied by Toromont Industries Limited (a Cat dealer in Ontario), for the Detour Lake gold project in northeastern Ontario (the "Equipment Financing Facility").
Source:http://www.marketwire.com/mw/release.do?id=1509521&sourceType=3
 
Related News
» Canadian Financing Bulletin (CFB) Reports CDN $662.4m in Proposed and $519.0m Closed Financings for the Week of April 25 - 29
» Paris Energy Inc. Announces Private Placement
Home
About us
Archive
Sitemap
Powered By Corporate Breaking News.com Home| About us| Archive News| Sitemap