PROJECT FINANCE

Calidus funded to first production

CALIDUS Resources has secured a A$110 million loan from Macquarie Bank for its Warrawoona gold project in Western Australia.

 Calidus' Warrawoona project in the Pilbara

Calidus' Warrawoona project in the Pilbara

The committed credit approved letter of offer from Macquarie came after a competitive debt financing process. Calidus was advised by Argonaut Securities. The loan carries a competitive margin above...

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