Brief: Victoria Gold Announces Comprehensive C$500 Mln Financing Package

Victoria Gold

08/03/2018 11:15

March 8 (Reuters) - Victoria Gold Corp  VIT.V :
    * VICTORIA GOLD ANNOUNCES COMPREHENSIVE C$500 MILLION
FINANCING
PACKAGE FOR EAGLE AND CONTINUATION OF CONSTRUCTION ACTIVITIES
    * VICTORIA GOLD - ‍ENTERED DOCUMENTATION WITH ORION ,OSISKO
,CATERPILLAR FINANCIAL WITH RESPECT TO C$505 MILLION
CONSTRUCTION FINANCING PACKAGE
    * VICTORIA GOLD - C$505 MILLION FINANCING COMPRISES OF TWO
CREDIT
FACILITIES TOTALLING US$175 MILLION, EQUIPMENT FINANCING
FACILITY FOR UP TO US$50 MILLION
    * VICTORIA GOLD CORP - FINANCING ALSO INCLUDES ‍C$98 MILLION
ROYALTY FINANCING,PRIVATE PLACEMENT OF VICTORIA COMMON SHARES TO
TWO SUBSCRIBERS FOR C$125 MILLION​

Source text for Eikon:  ID:nGNX27mqy6 
Further company coverage:  VIT.V 

 ((Reuters.Briefs@thomsonreuters.com))