Generation Announces Receipt of Support Letter for up to $200 Million from leading Financial Lender

Generation Announces Receipt of Support Letter for up to $200 Million from leading Financial Lender

TORONTO -- Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to announce receipt of a support letter from a leading Canadian financial institution stating its interest to provide up to $200 million in a new long-term credit facility for the Marathon Copper-Palladium Project (the “Marathon Project”), which would be in addition to the senior secured project finance facility to be arranged with the mandat…

Generation Mining Obtains Support Letter For $200 Million Credit Facility

Generation Mining (TSX: GENM) continues to push forward with securing project financing for its flagship Marathon Copper-Palladium project in Ontario. After receiving the final construction permit for the project on Thursday, a further source of funding has materialized to support development. Without disclosing the name of the lender, Generation has indicated that a leading Canadian […]