Aurcana Corporation Secures $50 Million Debt Facility

Resource Investing News

Aurcana Corporation (TSXV:AUN,OTCQX:AUNFF) announced that it has secured a three-year unsecured loan facility from RK Mine Finance for $50 million.

Aurcana Corporation (TSXV:AUN,OTCQX:AUNFF) announced that it has secured a three-year unsecured loan facility from RK Mine Finance for $50 million.

As quoted in the press release:

The proceeds to be drawn down under the Debt Facility will be used by the Company for the expansion of the Company’s mines and working capital purposes.

To view the whole press release, click here.

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