| Home : May 2012 : May 03, 2012 News : Northland Has Signed a USD 40 Million Cost Overrun Facility |
Northland Has Signed a USD 40 Million Cost Overrun Facility |
May 03, 2012
LUXEMBOURG, LUXEMBOURG--(Marketwire - May 3, 2012) - Northland Resources S.A. (TSX:NAU)(FRANKFURT:NPK)(OSLO:NAUR)(OSLO:NAUR.R) ("Northland" or "the Company") has signed a cost overrun facility with Standard Bank for USD 40 million. The Company is also on track to meet the conditions for release of the funds raised under the 2012 Bond Offering from escrow.
http://www.marketwire.com/mw/release.do?id=1652127&sourceType=3
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