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Lion One Metals (TSXV: LIO) has signed an indicative term sheet with two Chinese companies for a US$40 million financing package to develop “Fiji’s next high-grade gold project”.
Debt financing to develop Tuvatu
Under the deal, Lion One intends to appoint Sinosteel Equipment and Engineering as the engineering, procurement and construction (EPC) contractor and engage Baiyin International Investment as the gold
First production at the Tuvatu gold project is expected in December
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