West Red Lake Gold Closes US$35-Million Credit Facility with Nebari and Announces Drawdown of US$15 Million
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West Red Lake Gold Mines Ltd. has secured a US$35 million credit facility with Nebari Natural Resources Credit Fund II LP, with an initial drawdown of US$15 million completed.
January 02, 2025 | 8:45 am
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West Red Lake Gold Mines Ltd. has secured a US$35 million credit facility with Nebari, with an initial drawdown of US$15 million. This provides the company with significant capital to potentially expand operations or fund projects.
The secured credit facility provides West Red Lake Gold with substantial financial resources, which can be used for expansion or operational improvements. The initial drawdown of US$15 million indicates immediate access to funds, likely viewed positively by investors.
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