LUNDIN GOLD CLOSES US$350 MILLION SENIOR DEBT FACILITY AND ANNOUNCES OFFTAKE AGREEMENT
VANCOUVER, CANADA, July 9, 2018 /CNW/ - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) is pleased to announce that it has closed its previously announced senior secured project finance debt facility of $350 million (the “Facility”) with a syndicate of seven senior lenders to fund the development and construction of the Fruta del Norte gold project in Ecuador (“Fruta del Norte” or the “Project”). The Company has also executed a gold concentrate offtake agreement (the “Offtake”). All amounts in this release are in U.S. dollars unless otherwise indicated.