Finance > Project-finance

Strongbow closes Osisko financing note

Cornwall explorer Strongbow Exploration (CN:SBW) has closed the C$7.17 million (US$5.8 million) note financing from its 23.4% shareholder Osisko Gold Royalties (CN:OR).

Staff reporter

Finance > Project-finance

Strongbow closes Osisko financing note

Cornwall explorer Strongbow Exploration (CN:SBW) has closed the C$7.17 million (US$5.8 million) note financing from its 23.4% shareholder Osisko Gold Royalties (CN:OR).

Staff reporter

Strongbow closes Osisko financing note

Strongbow is developing the South Crofty tin mine in Cornwall

The financing, announced in August, is convertible into a 1.5% net smelter return royalty on all production from its South Crofty tin project in Cornwall.