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Pierre Lassonde Reflects on his Life, Career, and Paving the Path for Mining's Royalty Business Model

Mining Stock Daily

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Low Cost Credit Facility for Gold Royalties?

As a combined company, we have roughly 50 million US of debt. We are looking to refinance that debt at the moment with some of the bigger Canadian banks. And so what that should be, if you look at some of those mid-ters, I think you can see borrowing rates from, call it, two and a half to four and a half percent plus liable. So for us, that is the ambition to get that similar facility in place and to have it in place as soon as possible,. i.e. before the end of this year.

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