RTG Mining (TSE:RTG) has released an update.
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RTG Mining Inc. has reached a significant milestone in securing multiple finance and offtake offers for the development of the Mabilo Copper-Gold Project in the Philippines, promising a high-grade operation with near-term cash flow. The offers, each including a $25 million facility, will support the initial Direct Shipping Operation of the project, which boasts a high copper reserve grade. Now, RTG is poised to optimize these offers and proceed towards formalizing the funding necessary for the project’s first stage.
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