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date:18/09/2023
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New producer Atlantic Gold (TSXV: AGB) has moved to restructure its debt and hinted at dividends, after overcoming ramp-up issues to declare commercial production at its Moose River Consolidated gold mine in Nova Scotia earlier this year.
The company started commercial production at MRC in March
The miner said it had executed a commitment letter for a C$150 million (US$114 million) revolving credit facility with the National Bank of Canada, which would be used to repay its existing project
Alkemy shares jump on the news
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