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Wesdome Gold Mines Upsizes Revolving Credit Facility, Extends Maturity
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Wesdome Gold Mines Upsizes Revolving Credit Facility, Extends Maturity
Jun 19, 2025 8:59 AM

11:32 AM EDT, 06/19/2025 (MT Newswires) -- Wesdome Gold Mines ( WDOFF ) on Thursday said its secured revolving credit facility maturity has been extended by an additional three years to June 19, 2028.

The amended facility also includes commitments of US$250 million with an additional accordion of US$50 million. This is a twofold increase from Wesdome's current facility, which matures on August 31, 2025.

"The substantial increase in our credit facility and the improved terms are a strong endorsement of the quality of our assets and the progress we've made," said Chief Executive Anthea Bath. "As we continue to grow, we remain focused on delivering long-term value as a disciplined, value-driven gold producer."

Wesdome Gold was last seen down $0.22 to $19.39 on the Toronto Stock Exchange.

Price: 19.42, Change: -0.19, Percent Change: -0.97

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