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National Bank of Canada leads a syndicate of lenders in a US$500 million multi‑jurisdictional senior secured financing for G Mining Ventures

Fasken
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Overview

Client

National Bank of Canada

On October 3, 2025, G Mining Ventures Corp. (“GMIN”), a Canadian mining company focused on the acquisition, development, and operation of gold projects globally, entered into a senior secured, multi‑jurisdictional financing arrangement to support its growth strategy and ongoing project development. Under a credit agreement dated October 3, 2025, a syndicate of international lenders led by the National Bank of Canada, made available to GMIN a US$350 million revolving credit facility, together with an accordion feature providing access to an additional US$150 million, for total potential credit of up to US$500 million.

The financing was structured to meet GMIN’s general corporate and working capital needs while also providing enhanced flexibility for strategic initiatives, including potential acquisitions and advancement of existing assets.

The credit facility also supports GMIN’s continued development of key projects, including the Tocantinzinho Gold Project in Pará State, Brazil, and the early‑stage development of the Oko West Gold Project in Guyana.

Fasken acted as lead counsel to National Bank of Canada and a syndicate of seven international financial institutions in connection with the transaction, with a team led by Thomas Meagher and which included Nathan Gates and Nicholas McFarlane.

Jurisdictions

  • Canada
  • Brazil
  • Guyana

Team

  • Thomas Meagher, Partner | Banking & Finance, Toronto, ON, +1 416 865 5473, [email protected]
  • Nathan L. Gates, Partner | Banking & Finance, Toronto, ON, +1 416 865 5470, [email protected]
  • Nicholas McFarlane, Associate | Banking & Finance, Toronto, ON, +1 416 865 4428, [email protected]
Thomas Meagher, Partner | Banking & Finance Thomas Meagher Partner | Banking & Finance Toronto, ON +1 416 865 5473
Nathan Gates Toronto Lawyer Nathan L. Gates Partner | Banking & Finance Toronto, ON +1 416 865 5470
Nicholas McFarlane Toronto Lawyer Nicholas McFarlane Associate | Banking & Finance Toronto, ON +1 416 865 4428