G Mining Ventures Corp (TSE:GMIN) has released an update.
G Mining Ventures Corp. has drawn the final $33 million of its $75 million term loan from Franco-Nevada to advance the Tocantinzinho Gold Project in Brazil, maintaining its schedule for commercial production in the second half of 2024. The company confirmed meeting the financial conditions for the project’s completion and expressed confidence in staying on track and within budget. This step underscores G Mining Ventures’ growth trajectory toward becoming a mid-tier precious metals producer.
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