VANCOUVER, BC, June 27, 2024 /CNW/ – Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) (“Lundin Gold” or the “Company”) is pleased to announce the closing of the buy out of the stream credit facility (the “Stream Facility”) and offtake agreement (the “Offtake”) for its Fruta del Norte gold mine (“FDN”) in Ecuador from Newmont Corporation, following the payment of the first tranche of the purchase price of US$180 million. The second and final tranche of US$150 million is due on or before the end of the third quarter of 2024. The Stream Facility and Offtake were the last two remaining facilities established as part of a project financing package to fund the development and construction of FDN.
About Lundin Gold
Lundin Gold, headquartered in Vancouver, Canada, is committed to positive and long-lasting impact on our host communities, while delivering significant value to stakeholders through operational excellence,…
