Live Breaking News & Updates on Battle North Gold Minerals Corporation

Battle North Gold Signs Commitment Letter for a US$40 Million Credit Facility to Fully Fund the Development of the Bateman Gold Project
News provided by
Share this article
Battle North Gold Corporation (TSX: BNAU) (OTCQX: BNAUF) (
Battle North  or the 
Commitment Letter ) with Macquarie Bank Limited (
Macquarie ) for a senior secured term loan facility of US$40 million (
Credit Facility ) to be used to fund the construction of the 100%-owned, shovel-ready Bateman Gold Project (the
Project )[1] in Red Lake, Ontario, Canada. The proceeds of the Credit Facility, together with cash currently on the Company s balance sheet, is expected to fully fund the Project to Commercial Production. ....

Long Canyon , United States , Red Lake , George Ogilvie , National Instrument , Company Board Of Directors , Battle North Gold Minerals Corporation , Macquarie Bank Limited , Toronto Stock Exchange , Company Management Discussion , Cassels Brock Blackwell , Battle North Gold Corporation , Cutfield Freeman Co , Bateman Gold Project , Initial Capital , Loan Facility , Sprott Private Resource Lending , North President , Chief Executive Officer George Ogilvie , Credit Facility , Bateman Gold , Red Lake Regional Exploration , Cutfield Freeman , Financial Advisor , Cassels Brock , Legal Counsel ,