Tuesday, January 24, 2017 10:31:34 PM
Victoria Gold Corp. (TSX VENTURE: VIT) ("Victoria" or the "Company") is pleased to announce that it has appointed BNP Paribas ("BNPP") as the sole Mandated Lead Arranger ("MLA") to arrange up to US$220 million of senior, secured project debt (the "Facility") for Victoria's Eagle Gold Project in Yukon, Canada.
Mr. John McConnell, President and CEO of Victoria commented; "This facility is expected to be the foundation of the financing package that will fund the Eagle Project through construction and into production. This is the first important milestone in what promises to be a very busy and exciting 2017 at Victoria. We look forward to continuing to work with BNP Paribas toward commitment and closing."
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