Patagonia Gold Expands Loan Facility to $40 Million

Patagonia Gold (TSE:PGDC) has released an update.

Patagonia Gold Corp. has secured an agreement with Cantomi Capital Ltd. to increase its loan facility to $40 million and extend its maturity date. The additional funds will be used for the development of the Calcatreu project and general working capital. This move aligns with Patagonia’s strategic focus on expanding its gold and silver projects in Argentina.

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