Dynacor raises $10 mln in credit facilities from Third Eye Capital
Dynacor Gold Mines Inc (TSX: DNG) has raised US$10 million in senior secured credit facilities from Third Eye Capital Corp. The company also agreed to issue 950,000 common share purchase warrants to Third Eye. Each warrant is exercisable at $1.83 per common share. Based in Montréal, Dynacor is a gold ore processing and exploration company active in Peru. It plans to use the credit facilities to fund the completion of a new gold ore processing mill. Third Eye is a Canadian provider of private loans to under-appreciated businesses.
18 January 2016•3 mins read
