PROJECT FINANCE

Geopacific funding terminated

US-based investor Sprott Private Resource Lending and troubled gold mining hopeful Geopacific Resources have terminated debt and gold streaming agreements that were put in place in late 2020 to support the Woodlark gold project in Papua New Guinea.

Geopacific's plans for Woodlark Island have gotten off track

Geopacific's plans for Woodlark Island have gotten off track

Geopacific tapped the respected international financier for up to US$100 million, via an $85 million project finance facility and a $15 million callable gold stream for 100,000 ounces.   Sprott completed...

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