Highlights: Following a competitive process previously announced, we have retained Sprott Lending Corp ('Sprott') has our debt providerSprott received investment committee approval for up to US$105
QUEBEC CITY, Jan. 29, 2025 -- Further to the announcement regarding advanced discussions on a debt facility during the fall, West African gold producer and developer Robex Resources Inc. is pleased to announce that it has mandated Sprott Resource Lending Corp. as mandated lead arranger to provide a senior debt facility of up to US$105 million, with the option to increase it to up to US$130m, which will be used to finance the construction of the Kiniero Gold Project in Guinea .
Statements made in this news release that describe the Company's or Management's estimates, expectations, forecasts, objectives, predictions, projections of the future or strategies may be"forward-looking statements", and can be identified by the use of the conditional or forward-looking terminology such...
Certain important factors could cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements including, but not limited to: geopolitical risks and security challenges associated with its operations in West Africa, including the Company's inability to assert its rights and the possibility of civil unrest and civil disobedience; fluctuations in the price of gold; limitations as to the Company's estimates of mineral...
The Company undertakes no obligation to update forward-looking information if circumstances or Management's estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking information.
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