CAPITAL MARKETS

Diamond Ventures seeks better terms

CANADIAN gold hopeful Diamond Ventures has turned down offers from two Australian financiers regarding the development of its Touquoy gold project in Nova Scotia, and is hopeful it can secure better terms for the debt portion of project financing.

Rebecca Keenan
Diamond Ventures seeks better terms

In its latest quarterly report Diamond Ventures said both financiers had visited the C$50 million project and endorsed it in principle. “The financiers said ‘yes it is a project’, but the terms they...

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