Friday, July 28, 2017

Torex Gold Resources Inc - TXG.t

Torex Gold Resources Inc - TXG.t is developing the flagship Morelos Gold Project located 180km southwest of Mexico City in Guerrero state.


On July 26, 2017 the company released News

Torex Successfully Completes US$400 Million Facility To Refinance Project Debt

Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) is pleased to announce that the Company’s wholly-owned subsidiary Minera Media Luna, S.A. de C.V. (“MML”) has signed an amended and restated credit agreement with BNP Paribas, Commonwealth Bank of Australia, ING Capital LLC and SG Americas Securities, LLC, as joint bookrunners and joint lead arrangers (the “Banks”) in connection with the previously announced secured US$400 million debt facility (the “Loan Facility”). Following a successful syndication, BMO Harris Bank N.A. and The Bank of Nova Scotia joined the Banks as lenders under the Loan Facility. The Loan Facility is comprised of a US$300 million term loan (the “Term Facility”) and a US$100 million revolving loan facility (the “Revolving Facility”).










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