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Troy Resources Ltd. (TSX:TRY,ASX:TRY) announced that it has secured AU$40 million in loan facilities.
Troy Resources Ltd. (TSX:TRY,ASX:TRY) announced that it has secured AU$40 million in loan facilities.
As quoted in the press release:
The Facilities consist of the following:
A$20 Million Revolving Corporate Facility (RCF) and an A$20 Million Revolving Acquisition Loan Facility (ALF).
Troy’s managing director, Paul Benson, said:
We are very pleased to have agreed these facilities with Investec who have been supportive of the Company through the provision of the $35 million facility to construct Casposo and of the Company’s acquisition growth strategy.
To view the whole press release, click here.