PROJECT FINANCE

Vango goes for $10M loan

VANGO Mining might have failed in its second takeover bid for Dampier Gold last year, but it can console itself with a A$10 million loan it aims to use to advance its Trident and Trident West gold deposits near the Plutonic Dome gold mine in Western Australia’s Midwest region.

Vango has funding for more work.

Vango has funding for more work.

      The debt funding, which has a term of 24 months and an interest rate of 12%, comes as an unsecured debt facility from an unidentified "high net-worth resource sector lender".   Vango is...

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