Tag: Steppe

Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is very pleased to announce it has signed a binding term sheet (the “Term Sheet”) to provide up to US$150 million in financing to fully fund the construction and completion of the Phase 2 Expansion at the ATO Gold Mine (the “Phase 2 Expansion”). ATO Phase 2 Expansion Highlights:— US$150 million fully funded to finance the Phase 2 Expansion of the ATO Gold Mine.— Initial funding of US$50 million loan approved to order equipment and long lead items.— The financing payback period starts upon completion of ... Read more