Our CEO's Rothschild ConnectionCould work very well in financing the construction of a mine if and when we find the goods. VIT released this yesterday as they are using Rothschild as an advisor:
September 8, 2011 – Toronto, Ontario – Victoria Gold Corp. (TSX-V: VIT) (“Victoria” or the “Company”) is pleased to announce that it has engaged Rothschild as its financial advisor in conjunction with raising project financing for the development of its Eagle Gold Deposit in Yukon Territory. Rothschild will advise with respect to the planning, preparing for and the subsequent implementation of project financing by the Company.
Rothschild will advise and assist Victoria in developing a financing plan for the Eagle Gold Deposit with the objective of maximizing value for its shareholders. Rothschild’s role will also include advising on the development of key contracts and structures to ensure bankability as well as assisting the Company with the implementation of the debt or quasi-debt components of the financing.
John McConnell, President, CEO and director commented: “Victoria is pleased to team up with Rothschild in securing financing for the Eagle Gold Deposit. The combination of Victoria’s development and operating team and Rothschild’s financial expertise will enhance the Company’s ability to finance and bring Eagle to production in the earliest possible time frame, the first step in creating a new mid-tier gold producer.”