Lundin Gold Inc. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of 93,497,140 common shares in connection with a previously disclosed equity private placement financing, as at March 29, 2018, the number of issued and outstanding shares of the Company is 213,163,980 common shares with voting rights. About Lundin Gold [...]
VANCOUVER, British Columbia, March 26, 2018 -- Lundin Gold Inc. is pleased to announce that it has closed its previously announced US$400 million equity private placement financing . Upon closing, the Company issued 93,497,140 common shares and now has 213,163,980 common shares outstanding. With the closing of the Private Placement, Newcrest Mining Ltd. now owns 27.1% of the Company’s outstanding shares; Zebra [...]
VANCOUVER, British Columbia, March 19, 2018 -- Lundin Gold Inc. is pleased to announce that it has obtained the approval of and registration with the Swedish Financial Supervisory Authority of a listing prospectus for 93,497,140 common shares under the private placement announced on February 25, 2018 . The Swedish Prospectus has been prepared for the admission to trading of up to 93,497,140 common shares on Nasdaq [...]
Lundin Gold Inc. is pleased to announce a US$400 million equity private placement financing . The Private Placement, coupled with the recent lenders' commitments for a senior debt facility, substantially completes the funding requirements, based on current estimates, for the Fruta del Norte gold project in Ecuador . Subscribers to the Private Placement include Newcrest Mining Ltd. , Orion Mine Finance Group , and Zebra [...]
Lundin Gold Inc. is pleased to announce its results for the year ended December 31, 2017. All amounts in this release are in U.S. dollars unless otherwise indicated. "We have had an excellent year advancing the development of our Fruta del Norte gold project," said Ron Hochstein, Lundin Gold's President and Chief Executive Officer. "At the start of the year, we were planning the underground mine, and by year's end, our [...]
Lundin Gold Inc. is pleased to announce that it has received commitments from a syndicate of five senior lenders for a senior secured project finance facility of $300 million to fund the development and construction of its Fruta del Norte gold project in Ecuador . All amounts in this release are in U.S. dollars unless otherwise indicated. The Lenders are ING Capital LLC, Société Générale [...]
Lundin Gold Inc. is pleased to announce that is has drawn the final US$110 million under its gold prepay and stream credit facilities with the Orion Mine Finance Group and Blackstone Tactical Opportunities. The funds will be used to support the ongoing development of the Fruta del Norte gold project in Ecuador. About Lundin Gold Lundin Gold, headquartered in Vancouver, Canada, is developing its wholly-owned Fruta del [...]
Note to editors: There are three photos associated with this press release. Lundin Gold Inc. is pleased to announce that soft tunneling was completed in December 2017 and mine development is now into hard rock at its Fruta del Norte gold project in Ecuador. Further Highlights Award of all major process plant equipment packages Mobile equipment packages, including underground mine scoop trams and haul trucks, have been [...]
Lundin Gold Inc. has filed and obtained a receipt for a final short form base shelf prospectus . The Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada, excluding Québec, and allows the Company to offer from time to time over a 25-month period up to US$500 million of common shares, subscription receipts, units, debt securities and warrants. Any [...]
Lundin Gold Inc. is pleased to announce that is has drawn an additional US$40 million under the gold prepay credit facility with the Orion Mine Finance Group and Blackstone Tactical Opportunities. The funds will be used to support the ongoing development of the Fruta del Norte gold project in Ecuador. About Lundin Gold Lundin Gold, headquartered in Vancouver, Canada, is developing its wholly-owned Fruta del Norte gold [...]
Editors Note: There are three photos associated with this press release. Lundin Gold Inc. is pleased to announce that it has been recognized by the United Nations Global Compact Networks of Colombia and Ecuador at the Best Practice Awards for Sustainable Development for its work undertaken jointly with the Lundin Foundation and Catering Las Peñas , the supplier of food preparation, cleaning and laundry services to [...]
Lundin Gold Inc. is pleased to announce that it has begun an exploration drill program at the El Puma target . El Puma is located approximately 12 kilometres south of the Fruta del Norte gold project in Ecuador, within the Suarez pull-apart basin , see Figure 1. Under the program, expected to be completed in early 2018, Lundin Gold has planned 4,000 metres of diamond drilling. "Follow up drill testing at this prospective [...]
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