i-80 Gold Corp. (IAU)

[NYBob]

Premier Gold Mines Limited (PG: TSX) ("Premier" or the "Company") is
pleased to announce the signing of a definitive credit agreement (the
"Credit Agreement") with Investec Bank plc ("Investec"), as
administrative agent for the lenders for a US$50 million secured
revolving term credit facility (the "Investec Credit Facility").
THUNDER BAY, January 25, 2019 -

Premier is also pleased to announce financing arrangements with
OMF Fund II SO Ltd. and Orion Mine Finance Fund II LP (collectively,
"Orion") for aggregate gross proceeds of approximately US$18.2 million.
Details of the terms of the Investec Credit Facility and the Orion
financing arrangements are described below.

Steve Filipovic, Chief Financial Officer, commented, ”With two new
mining operations currently under construction, and an underground
program planned for Cove during the second half of this year, this
facility complements the Company’s strong balance sheet and positions
Premier to execute its aggressive growth plan”.

Investec Credit Facility

The Investec Credit Facility matures in four years and will be used for
working capital requirements and general corporate purposes.
Amounts borrowed under the Investec Credit Facility will bear interest
at a variable rate per annum equal to LIBOR plus an applicable rate as
determined by the Company's debt to adjusted EBITDA ratio for the
immediately preceding fiscal quarter ranging from 3.00% to 4.30%.
The Investec Credit Facility is secured by the assets relating to the
South Arturo mine in Elko County, Nevada, U.S.A. ("South Arturo Mine"),
and the Mercedes mine near Hermosillo, Sonora, Mexico ("Mercedes Mine").

In connection with the entering into of the Investec Credit Facility,
Premier issued to Investec 216,446 common shares ("Common Shares") in
the capital of Premier and 1,500,000 common share purchase warrants
("Investec Warrants") of Premier, with each Investec Warrant
exercisable into one Common Share until January 24, 2022 at an exercise
price of C$2.17. The Common Shares and Investec Warrants are subject to
a four-month plus one day hold period pursuant to applicable Canadian
securities laws.

Funding under the Investec Credit Facility is subject to customary
conditions precedent.

https://www.premiergoldmines.com/article/premier-enters-into-credit-facility-and-financing-package-679.asp

https://www.premiergoldmines.com


Premier Gold Mines Limited (“Premier” or “the Company”) is pleased to
provide an update of the Company’s 2018 exploration programs and strong
results from its multiple projects in Mexico, Nevada and Canada.
Premier remains focused on value creation from its asset base with
success in exploration being a fundamental driver of this value.
THUNDER BAY, January 21, 2019 -

https://www.premiergoldmines.com/article/premier-gold-delivers-2018-exploration-success-678.asp

In GOD We Trust -






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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

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God Bless America
Ps.
opinion appreciated
TIA