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Orion and Osisko buy into Victoria Gold's Eagle plans

Victoria Gold (CN:VIT) has dropped an existing debt facility to help build its Eagle gold project in Yukon, Canada, in favour of a package with two increasingly prominent finance providers and a subsidiary of Caterpillar.

Orion and Osisko buy into Victoria Gold's Eagle plans Orion and Osisko buy into Victoria Gold's Eagle plans Orion and Osisko buy into Victoria Gold's Eagle plans Orion and Osisko buy into Victoria Gold's Eagle plans Orion and Osisko buy into Victoria Gold's Eagle plans

Victoria Gold is hoping to kick off production at Eagle next year

The C$505 million (US$392 million) debt, equity, royalty and equipment deal should more than cover the capital requirements to bring Eagle into commercial production.

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