Rubicon Minerals entered into an agreement with Sprott Private Resource Lending to extend the maturity of its existing secured loan facility by one year to Dec. 31, 2021.
Excellon Resources will acquire all the outstanding shares of Otis Gold.
Sprott Private Resource Lending closed a $25 million senior secured credit facility for Cardinal Resources.
Sprott Private Resource Lending will provide a $25 million senior secured credit facility to Cardinal Resources, subject to certain documentation and other customary conditions.
Sprott Private Resource Lending provided a $15 million credit facility to Alexco. The funds will be used to develop the Keno Hill Silver projects located in Yukon, Canada.
Kin Mining formally entered into a senior secured credit facility for $27 million with Canadian-based Sprott Private Resource Lending, a natural resource investor.
A syndicate of lenders, including Sprott Private Resource Lending, the Barak Fund and Tremont Master Holdings, provided $80 million for a senior secured credit facility to Alphamin Resources.
Gold producer TMAC Resources entered into a term sheet with Sprott Private Resource Lending to increase total borrowings to $160 million.
Northern Vertex Mining signed a senior secured credit facility with Sprott Private Resource Lending for up to $20 million to fund development costs of its Moss Gold/Silver Project in Northwest Arizona.