Red 5 completes financing

GOLD producer Red 5 has fully drawn a $US25 million ($A24 million) prepaid gold swap facility from Credit Suisse for its Siana gold mine in the Philippines.

Red 5 completes financing Red 5 completes financing Red 5 completes financing Red 5 completes financing Red 5 completes financing

The three-year facility was advanced against the sale of future gold production and is repayable over 30 months, starting six months after drawdown.

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