27/09/2012 - 10:32

PMI Gold lines up $US30m in standby finance

27/09/2012 - 10:32

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PMI Gold Corporation has secured a $US30 million standby finance facility to boost its coffers at it finalises a comprehensive funding package for the development of the Obotan gold project in Ghana. The facility, with Macquarie Bank, has an interest rate of 6 per cent over LIBOR.

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