Patagonia Gold increases loan facility from $33 million to $35 million

From GlobeNewswire: 2024-07-26 17:00:00

Patagonia Gold Corp. increases Cantomi Loan facility from $33 million to $35 million with a maturity date of December 31, 2025. The funds will be used to refinance existing credit lines and for general working capital. All other terms remain unchanged. Patagonia Gold focuses on gold and silver projects in Argentina, with over 430 properties in multiple provinces. Contact CEO Christopher van Tienhoven for more information at [email protected].

The news release contains forward-looking statements regarding the use of funds, project advancement in Argentina, and potential growth in shareholder value. Management’s beliefs are based on current information, but there are significant risks and uncertainties. Factors could lead to actual results differing from those discussed. The Company does not guarantee consistent results and will update as needed. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for this release’s adequacy or accuracy.



Read more at GlobeNewswire: Patagonia Gold Announces Increase to Loan Facility