PINL:VLTAF - Post by User
Post by
Bpultraon Oct 24, 2013 11:40am
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Post# 21845359
There still seems to be some money out there???
There still seems to be some money out there???AKG just got a deal...
Asanko's Esaase Gold Project Fully Funded With $150m Debt Facility
Highlights: - Definitive Loan Agreement signed with Red Kite for secured debt facility of up to $150 million - Combined with the current cash on-hand of $185 million , Esaase Gold Project fully financed - No hedging, cash sweep or limitations on the Company's growth strategy - Definitive Feasibility Study and permitting remain on track for completion during Q4 2013 - Front End Engineering and Design program to commence immediately - Steady state production of 200,000 ounces per year targeted by Q4 2015