SolGold (GB:SOLG) has released an update.
SolGold has secured a major US$750 million financing package with Franco-Nevada and Osisko for its Cascabel project in Ecuador, which includes funds for both development and construction. This strategic investment will allow the company to advance the project to a final development decision, preserving significant revenue streams from copper, silver, and gold resources. The agreement also provides SolGold with a buyback option, adding flexibility and confirming the project’s potential as a world-class copper-gold asset.
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