| Home : February 2012 : February 06, 2012 News : Detour Gold Closes Caterpillar Financing |
Detour Gold Closes Caterpillar Financing |
February 06, 2012
TORONTO, ONTARIO--(Marketwire - Feb. 6, 2012) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to announce the closing of a mobile fleet equipment financing with Caterpillar Financial ("CAT Financial"). Pursuant to an amended and restated master purchase and lease agreement, CAT Financial will underwrite up to US$150 million in mobile fleet equipment financing to fund the Company's acquisition of CAT mining equipment for the Detour Lake gold project in northeastern Ontario (the "Equipment Financing Facility"). This is slightly more than the increase of US$40 million to the US$105 million in mobile fleet equipment financing as announced in May 2011.
http://www.marketwire.com/mw/release.do?id=1615718&sourceType=3
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