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Today's Market View - Rockfire Resources, Power Metal Resources, Lucara Diamonds and more... - Vimarsana News

Today's Market View - Rockfire Resources, Power Metal Resources, Lucara Diamonds and more...

Today's Market View - Rockfire Resources, Power Metal Resources, Lucara Diamonds and more... Lucara Diamonds (CVE:LUC) C$0.85, Mkt Cap C$338m – Project finance approved for Karowe mine underground development Lucara Diamonds reports that a previously announced project finance package of US$220m to fund the underground expansion of its wholly-owned Karowe diamond mine in Botswana from a consortium of five international banks has now been approved. SP Angel . Morning View . Thursday 06 05 21 Global recovery gains pace fuelling inflation  MiFID II exempt information – see disclaimer below -...

Lucara Secures Credit Approved US$220 Million Senior Debt Facilities for the Underground Expansion of the Karowe Mine and Extends Availability of its Working Capital Facility - Vimarsana News

Lucara Secures Credit Approved US$220 Million Senior Debt Facilities for the Underground Expansion of the Karowe Mine and Extends Availability of its Working Capital Facility

(1) VANCOUVER, May 5, 2021 /PRNewswire/ -- (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. is pleased to announce that it has received credit approved commitments from a syndicate of five Mandated Lead Arrangers (the "MLAs") for a senior secured project financing debt package of up to US$220 million (the "Facilities") to fund the underground expansion at Lucara's 100% owned Karowe Mine ("Karowe") in Botswana. Please view PDF version The Facilities will include two tranches: A project finance facility of US$170 million to fund the development of the underground project, and ...