Ascot Arranges C$200 Million Financing Package For Construction Of The Premier Gold Project
Round Type
Funding Round
Description
Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company has entered into non-binding letters of intent for a total of approximately C$200 million in project financing for construction of the Premier Gold Project (“PGP” or the “project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. The proposed finance package will consist of a US$110 million gold and silver streaming agreement (the “Stream”) with Sprott Resource Streaming and Royalty Corp. and/or its affiliates (“Sprott Streaming” or “SRSR”) and a strategic equity investment (the “Strategic Investment”) by Ccori Apu S.A.C (“Ccori Apu”) of C$45 million, a portion of which will be structured as Canadian Development Expenditures flow through shares (“CDE flow through”), such that the total gross proceeds to the Company is C$50 million
Quick answer
Ascot Resources Ltd raised an undisclosed amount in a Funding Round round, dated December 12, 2022.
- How much did Ascot Resources Ltd raise?
- Ascot Resources Ltd raised an undisclosed amount in a Funding Round round on December 12, 2022.
- What does Ascot Resources Ltd do?
- focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia.
- Who are the decision-makers at Ascot Resources Ltd?
- Fundz holds 1 contact at Ascot Resources Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Mineral around the same time
Companies in the same sectors as Ascot Resources Ltd that raised within 45 days of this round, from Fundz verified event records.
- Goldgroup Mining raised $426K (Seed) on January 12, 2023.
- Aftermath Silver raised $108K (Pre-Seed) on November 21, 2022.
- Vizsla Silver Corp raised $7.6M on November 15, 2022.
- Vizsla Silver Corp raised $20M (Funding Round) on November 7, 2022.
- Tsodilo Resources Limited raised an undisclosed amount (Post-IPO Equity) on January 25, 2023.
- Ascendant raised an undisclosed amount (Funding Round) on January 20, 2023.
Who to call at Ascot Resources Ltd, and when
A new round usually means Ascot Resources Ltd is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ascot Resources Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ascot Resources Ltd, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Ascot Resources Ltd. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Ascot Resources Ltd raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Ascot Resources Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.