10:20:42 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Anglo Pacific Group PLC
Symbol APY
Shares Issued 180,902,034
Close 2017-02-02 C$ 2.01
Market Cap C$ 363,613,088
Recent Sedar Documents

Anglo Pacific Group closes $43.5-million financing

2017-02-13 13:37 ET - News Release

Mr. Julian Treger reports

ANGLO PACIFIC GROUP PLC COMPLETION OF ACQUISITION AND REFINANCING

Further to the announcement on Feb. 1, 2017, Anglo Pacific Group PLC has closed the financing agreement relating to the portion of the toll milling proceeds from the McClean Lake mill attributable to Denison Mines Inc. (a wholly owned subsidiary of the Toronto Stock Exchange-listed Denison Mines Corp.), together with an associated streaming agreement, for total cash consideration of $43.5-million (26.4 million pounds sterling).

The Denison financing has been part financed through the placing as well as a drawdown on the company's new syndicated three-year revolving credit facility, which is shared equally between Barclays Bank PLC and Investec Bank PLC.

Capitalized terms used, but not defined, in this announcement, have the same meanings as set out in the announcement released by the company on Feb. 1, 2017, in relation to the proposed acquisition, equity placing and refinancing.

About Anglo Pacific Group PLC

Anglo Pacific Group is a global natural resources royalty and streaming company.

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