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McFarlane Lake Mining secures $25M financing to acquire Juby gold project from Aris Mining.
McFarlane Lake Mining Limited, a Canadian gold exploration company, has agreed to a $15 million bridge financing and a $10 million equity offering to fund the acquisition of the Juby gold project from Aris Mining Holdings Corp.
The financing includes a 15% interest rate and will help cover the cash portion of the acquisition.
After the transactions, Aris Mining will own 19.9% of McFarlane Lake's shares.
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McFarlane Lake Mining obtiene una financiación de $25 millones para adquirir el proyecto de oro Juby de Aris Mining.