Example of a possible deal22 Apr 2019 06:57
Total funding of US$78 million
US$54 million senior secured credit facility, a US$9 million gold stream prepayment and a US$15 million equity investment from AFC
Introduction of a new strategic investor into Thor - AFC, a pan-African multilateral development finance institution
Thor to proceed with Turnkey Engineering Procurement and Construction (“EPC”) contract finalisation and start of construction works with first production targeted within 18 months of EPC commencement