Teranga Gold Receives Commitment Letter for $165 Million in Secured Debt Financing to Bring its Second Gold Mine into Production
By Melissa Shaw
Teranga Gold Corporation (“Teranga” or the “Company”) (TSX:TGZ) (OTCQX:TGCDF) is pleased to announce the receipt of a commitment letter from Taurus Funds Management (“Taurus”) setting forth a secured development finance facility (the “Facility”).
Richard Young, President and Chief Executive Officer, said:
“We are very pleased to be partnering with Taurus to deliver