Cora Gold Secures $120 Million in Funding for Mali Gold Project
Cora Gold has secured $120 million in gold stream financing from Eagle Eye Asset for its Sanankoro Gold Project in Mali, eliminating the need for additional project funding. The deal, combined with a recent equity financing, fully funds the project pending permit approval, with Cora retaining the option to convert part of the stream into senior debt. The project is expected to produce 64,000 ounces of gold annually and has strong financial projections.
Tickers: $EEA
Topics: Cora Gold Eagle Eye Asset funding gold project Mali project development