08:36 AM EST, 01/25/2019 (MT Newswires) -- Premier Gold (PG.TO) said Friday that it has entered into an agreement for a US$50 million secured revolving term credit facility with Investec Bank and another deal for financing arrangements totaling US$18.2 million with OMF Fund II SO and Orion Mine Finance Fund II.

The Investec Credit Facility matures in four years and will be used for working capital requirements and general corporate purposes.

Funds from the financing arrangements with OMF and Orion Mine will be used for the development, construction and working capital requirements for the South Arturo Mine.

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