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Dundee Precious Metals completes US$150 million revolving credit facility and US$81.25 million refinancing

Fasken
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Client

Dundee Precious Metals Inc.

On February 15, 2013, Dundee Precious Metals Inc. (DPM) entered into a long-term committed revolving credit facility of $150 million. The revolving credit facility was comprised of two tranches of $125 million and $25 million that mature in February 2016 and 2018, respectively. Concurrent with the revolving facility, DPM refinanced its corporate loans of $81.25 million. DPM is a Canadian gold mining company involved in the acquisition, exploration, development, mining and processing of precious metals. Fasken Martineau acted for DPM, with a team that included Jon Holmstrom, John Elias, Chris Steeves, Marc Lefler, Louise Kennedy and Conor O’Neill.

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