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Torex Gold completes US$375 million project finance facility

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Syndicate of international banks

On August 11, 2014, Torex Gold Resources announced that they have signed a credit agreement and other definitive documentation with a syndicate of international banks in connection with its previously announced US$375 million 8.25-year senior secured project finance facility for the development of the El Limon - Guajes Project, located on the Company's 100% owned Morelos Gold Property in Mexico. The financing includes a project finance facility of US $300 million and a cost overrun facility of US $75 million. Fasken Martineau advised the syndicate of international banks with a team including John Torrey, Dave Ferris, Tom Meagher, Samantha Alfonzo and Dev Singh.



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