PROJECT FINANCE

Rio2 announces US$125-135M Fenix financing

Rio2 has announced a US$125-135 million mine construction financing package for the construction of its Fenix open pit oxide gold project in the Maricunga region of Chile.

Rio2's Fenix in Chile

Rio2's Fenix in Chile

The package includes a $50 million gold purchase agreement with Wheaton Precious Metals, a $50-60 million senior debt facility with BNP Paribas, a C$25 million marketed public offering of shares and a...

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