Carpathian Gold Gets $97 Mln Loan for Brazil Project

Reuters reported that Carpathian Gold’s (TSX:CPN) shares rose on the announcement of funding for the Riacho dos Machados Gold project.

The market news is quoted as saying:

Shares of the Toronto, Ontario-based company were trading up 6 percent at 47 Canadian cents on Wednesday morning. They had earlier touched a high of 50 Canadian cents on the Toronto Stock Exchange.

Click here to read the full Reuters report.