15 Nov 2010 07:00
RNS Number : 1243W
Trans-Siberian Gold PLC
15 November 2010
Trans-Siberian Gold plc
First drawdown of new US$18 million Asacha loan facility
London: 15 November 2010 - Trans-Siberian Gold plc ("TSG" or "the Company") (TSG.L) reported on 1 November 2010 that an agreement had been signed with the Russian bank Sberbank for an additional five year US$18 million loan facility for the Asacha project in Kamchatka, Far East Russia. TSG is pleased to report that the new loan's outstanding conditions have now been satisfied and that first drawdown of the facility has taken place.
Ends
Contacts:
TSG | +44 (0) 1480 811871 |
Simon Olsen |
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Seymour Pierce Ltd | +44 (0) 207 107 8000 |
Stewart Dickson / David Foreman (Corporate Finance) |
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Jeremy Stephenson (Corporate Broking) |
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TSG.L (TSG)