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19
Oct
2016
GBM secures A$10m for Mt CoolonBy:Creamer Media Senior Deputy Editor: Australasia CAPITAL RAISE Gold developer GBM Resources has entered into a A$10-million loan agreement to advance the redevelopment of its Mt Coolon gold project, in Queensland.
Under the terms of the agreement with UK-based National Federal Capital, the first tranche of A$5-million will be paid before November 21, with the second tranche due by February 28.
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