Trans-Siberian secures a further $5m

June 22, 2017

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Trans-Siberian Gold’s wholly owned subsidiary ZAO Trevozhnoye Zarevo (TZ) on Thursday entered into a three-year agreement with VTB Bank for an additional $5-million debt facility. The company on Wednesday secured a five-year $15-million facility with the bank, aimed at repaying two existing loan facilities amounting to $14.8-million and to provide additional funds for working capital and other corporate purposes.

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