Brief: Ascot Provides Update On Funding For Future Mine Development & Restart Of Operations

Cambria Gold Mines

21/10/2024 13:29

Oct 21 (Reuters) - Ascot Resources Ltd  AOT.TO :
    * ASCOT PROVIDES AN UPDATE ON FUNDING FOR FUTURE MINE
DEVELOPMENT
& RESTART OF OPERATIONS
    * ASCOT RESOURCES LTD - TO RAISE C$40 MILLION FOR MINE
DEVELOPMENT
    * ASCOT RESOURCES LTD - SECURES NON-BINDING TERM SHEET FOR
US$11.25 MILLION DEBT FINANCING
    * ASCOT RESOURCES LTD - ANNOUNCES PRIVATE PLACEMENT TO RAISE
C$25-35 MILLION
    * ASCOT RESOURCES LTD - EQUITY FINANCING PROCEEDS TO FUND
2,400
METRES OF MINE DEVELOPMENT

Source text for Eikon:  ID:nGNXbJ0dT0 
Further company coverage:  AOT.TO 

 ((Reuters.Briefs@thomsonreuters.com))