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Ann: EnviroGold to arrange additional facility , page-5

  1. bullsrule
    327 Posts.
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    30/04/10
    17:51
    Post #: 6638302
    re: Ann: EnviroGold to arrange additional fac... Friday, April 30, 2010

    EnviroGold secures US$5M funding for Dominican Republic gold project

    EnviroGold (ASX: EVG) has reported that the Credit Committee of the Dominican Government-owned Bank, BanReservas, has approved a US$5.0 million facility for the Group?s Las Lagunas Gold Project in the Dominican Republic.

    The facility is being arranged as a standby to finance any project cost over-runs if such becomes necessary.

    The company said no over-run is currently anticipated.
    EVG Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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