On March 31, 2021, Torex Gold Resources Inc. ("Torex"), through its wholly owned subsidiary Minera Media Luna S.A de C.V., entered into a two-year senior secured C$150 million revolving debt facility with a syndicate of lenders comprised of the Bank of Montreal, BNP Paribas, ING Bank, The Bank of Nova Scotia and Societe Generale.
Torex is an intermediate gold producer based in Canada, engaged in the exploration, development, and operation of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City.
Fasken advised the syndicate of lenders with a team comprised of David Ferris (Lead) and John Torrey (Banking and Finance).
Jurisdiction
- Ontario
