Australia's Dateline climbs on $5 mln funding for gold project

Dateline Resources

03/02/2023 02:57

** Shares of Dateline Resources Ltd  DTR.AX  climb as much
as 29.4% to A$0.044, their highest since Dec. 12
    ** Gold miner says received a funding term sheet for $5
million from financial org Madison One Cuso to be used at the
Gold Links in Colorado
    ** Says interest for the funds is 10.25% and the term of the
loan is 10 years
    ** More than 963,439 shares change hands, over twice the
30-day average volume 
    ** Stock down 8.1% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))