Posted On: 07/18/2012 7:45:42 PM
Post# of 1850
News from the golden triangle, PMI GOLD CORPORATION: UPDATE ON OBOTAN PROJECT FINANCING PMI Gold Corporation: Update on Obotan Project Financing VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 18, 2012) -THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
PMI Gold Corporation ("PMI") (TSX VENTURE
MV)(FRANKFURTN3N)(ASXVM) has engaged Optimum Capital Pty Ltd. ("Optimum Capital") to assist PMI identify and secure appropriate financefor development of the Obotan Gold Project.
Optimum Capital is a well-known and independent advisory house based in Australia that focuses on the mid-tier mining sector. Optimum Capital's team provides commercial, financial and technical skills and experience aimed at assisting clients to optimize their funding outcomes.
The full range of available financing alternativesisbeing explored in order to ensure the best result for shareholders. To date PMI has received expressions of interest to provide project finance for the Obotan project from 12 international banks. PMI together with Optimum Capital has reduced these to a short list of potential funders to provide project finance to PMI. Each of the shortlisted banks has a strong global reputation and demonstrated experience in financing mining projects in Ghana.
Communications with the shortlisted banks have commenced on a range of issues. Due diligence will also commence shortly.
PMI is pleased to be working with Optimum Capital and a group of experienced and well regarded international banks in financing the Obotan project.
The recent addition of Dr. Michael Price to the Board, bringing his financing expertise, is also well timed to assist with upcoming decisions.
On behalf of the Board,
Collin Ellison, Managing Director & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider(asthatterm is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.
Marketwire International July 18, 2012 - 11:38 AM EDT
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Pacific North West Capital Corp. Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits... read more
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PMI Gold Corporation ("PMI") (TSX VENTURE
MV)(FRANKFURTN3N)(ASXVM) has engaged Optimum Capital Pty Ltd. ("Optimum Capital") to assist PMI identify and secure appropriate financefor development of the Obotan Gold Project. Optimum Capital is a well-known and independent advisory house based in Australia that focuses on the mid-tier mining sector. Optimum Capital's team provides commercial, financial and technical skills and experience aimed at assisting clients to optimize their funding outcomes.
The full range of available financing alternativesisbeing explored in order to ensure the best result for shareholders. To date PMI has received expressions of interest to provide project finance for the Obotan project from 12 international banks. PMI together with Optimum Capital has reduced these to a short list of potential funders to provide project finance to PMI. Each of the shortlisted banks has a strong global reputation and demonstrated experience in financing mining projects in Ghana.
Communications with the shortlisted banks have commenced on a range of issues. Due diligence will also commence shortly.
PMI is pleased to be working with Optimum Capital and a group of experienced and well regarded international banks in financing the Obotan project.
The recent addition of Dr. Michael Price to the Board, bringing his financing expertise, is also well timed to assist with upcoming decisions.
On behalf of the Board,
Collin Ellison, Managing Director & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider(asthatterm is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.
Marketwire International July 18, 2012 - 11:38 AM EDT
Today's Feature View Now
Company Showcase
View Sectors
All Sectors
Pacific North West Capital Corp. Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits... read more
email print
Stockhouse.com is owned by Stockhouse Publishing Ltd. Financial Market Data powered by QuoteMedia. All rights reserved. View the Terms of Use. NYSE/AMEX/NASDAQ and other data delayed 15 minutes unless otherwise indicated. © 2012 Stockhouse publishing Ltd. All rights reserved. | Sitemap | Help | Disclaimer | Privacy Policy
Overview Level II Charts News Profile Financials Options Bullboards Price History
SPONSORED NEWS LINKS
Northquest Ltd. commences
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