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Share Name | Share Symbol | Market | Type |
---|---|---|---|
OceanaGold Corporation | TSX:OGC | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.07 | 2.22% | 3.23 | 3.21 | 3.26 | 3.26 | 3.17 | 3.19 | 2,259,310 | 21:12:38 |
VANCOUVER, BC, Dec. 15, 2023 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") announces it has refinanced its revolving credit facility. The new facility is supported by a group of seven leading international banks, five of which were part of the previous revolving credit facility.
Marius van Niekerk, Chief Financial Officer of OceanaGold, said "We are pleased that a highly reputable and global banking group has committed to provide this new facility which allows us to maintain significant financial flexibility at a lower cost. The new facility right-sizes our liquidity requirements in line with our capital management plan, which recognizes both our projected growth in production and exciting organic growth pipeline."
OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
www.oceanagold.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/oceanagold-refinances-revolving-credit-facility-with-improved-terms-302016221.html
SOURCE OceanaGold Corporation
Copyright 2023 Canada NewsWire
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