Torex Completes Us$375 Million Project Finance Facility El Limon – Guajes Project Fully Funded
August 11, 2014
Torex Gold Resources Inc. is pleased to announce that the Company, through its subsidiary Minera Media Luna, S.A. de C.V. has signed a credit agreement with BMO Harris Bank N.A., BNP Paribas, Commonwealth Bank of Australia, ING Bank N.V., Société Générale, and The Bank of Nova Scotia and other definitive documentation with respect to its previously announced syndicated senior secured US$375 Million project finance facility that is due to mature June 30, 2022. The Loan Facility will be used for the development of the El Limon-Guajes Project, located on the Company’s 100% owned Morelos Gold Property in Mexico. With the completion of the Loan Facility, the development of the Project as currently proposed is fully financed.
