Abcourt annonce une entente avec Glencore AG portant sur un financement par dette senior et un contrat d’achat de production
GlobeNewswire Inc.
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•By Mines Abcourt Inc.
Mines Abcourt Inc. has signed a binding term sheet with Glencore AG for up to $30 million USD in senior debt financing in two tranches, plus a production purchase agreement. The financing will be used to repay higher-cost debt, fund exploration and capital expenditures at the Flordin project, and provide working capital. Glencore will purchase 100% of doré production from the Sleeping Giant mine for a minimum of six years or until 150,000 ounces of gold are delivered, with pricing based on LBMA rates. The transaction is expected to close around January 10, 2026, subject to regulatory approvals.