Nebari Provides $14MM to Ascot Resources to Repay Existing Credit Facility with Beedie Investments

Ascot Resources closed a $14 million subordinated convertible credit facility with Nebari Gold Fund 1, LP.

Proceeds from the Nebari convertible facility have been received in full and were used to repay principal and accrued interests and fees of Ascot’s existing subordinated convertible credit facility with Beedie Investments.

Nebari Provides $14MM to Ascot Resources to Repay Existing Credit Facility with Beedie Investments

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