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Troilus Gold Receives US$300 Million LOI From Export Development Canada for Troilus Project in Quebec
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Troilus Gold Receives US$300 Million LOI From Export Development Canada for Troilus Project in Quebec
Nov 21, 2024 6:32 PM

07:37 AM EST, 11/21/2024 (MT Newswires) -- Troilus Gold ( CHXMF ) on Thursday said it received a new letter of intent (LOI) from Export Development Canada (EDC) for up to US$300 million to help advance the copper and gold Troilus Project in Quebec.

The LOI complements similar letters from the German (US$500 million), Finnish (US$300 million), and Swedish (US$200 million) export credit agencies.

The combined LOIs total US$1.3 billion in potential financing support.

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