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Caldas to raise US$90 million from gold-linked notes

Caldas Gold has settled terms for the sale of up to 90,000 subscription receipts priced at US$1,000 on a fully-marketed private placement basis, for proceeds of up to US$90 million.

Caldas to raise US$90 million from gold-linked notes Caldas to raise US$90 million from gold-linked notes Caldas to raise US$90 million from gold-linked notes Caldas to raise US$90 million from gold-linked notes Caldas to raise US$90 million from gold-linked notes

Marmato in Caldas, Colombia

Each subscription receipt will convert into one unit comprising one senior secured gold-linked note in a principal amount of $1,000 and 200 common share purchase warrants, exercisable at a price of