Orion pledges to fund Revival Gold deals of $25 mln or more
Revival Gold Inc (TSX-V: RVG), a Toronto-based gold exploration and development company, has completed a private placement financing, raising about $9 million in gross proceeds. Orion Mine Finance Group, a U.S. mining private equity firm, invested in the deal. Additionally, Orion has agreed to become the company's investment partner, providing debt, equity or metal-streaming funding for acquisition and development initiatives valued at US$25 million or greater. Revival holds interests in Idaho's Beartrack Gold Project and Arnett Creek Gold Project and Utah's Diamond Mountain Phosphate Project.
20 October 2017•6 mins read
