Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

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New Client Alert!!!

AGORACOM Welcomes TransCanna (TCAN:CSE) Developing The Largest Multi-Purpose Cannabis Facility in California

  • $2M CAD Revenue April 2020
  • $24.6M CAD Revenue Run Rate solely from TransCanna test facility
  • $90M Annual Revenue expected from first full year upon completion of 196,000 Sq Ft Daly facility Q3 2021
  • Daly facility will be one of the largest cannabis facilities in California
  • Recently acquired two California companies,
    • High-end award winning edible producer Soldaze
    • Premium indoor cultivator and distributer Lyfted Farms
  • Lyfted Farms products sold in select Cookies Locations - The most recognizable name in high-end Cannabis.
  • 2019 California Cannabis sales over $3B, industry currently fragmented
  • Direct to dispensary model, cutting out the middleman

Transcanna dark

Hub On AGORACOM / Read Release

 

Message: BRIEF-Detour Gold Announces Amendments To Credit Facility
 
2019-09-25 05:05:26 PM ET (Reuters)
   
   

Sept 25 (Reuters) - Detour Gold Corp:

* DETOUR GOLD ANNOUNCES AMENDMENTS TO CREDIT FACILITY

* DETOUR GOLD CORP - HAS EXECUTED A THIRD AMENDMENT AND RESTATEMENT OF ITS EXISTING CREDIT AGREEMENT

* DETOUR GOLD CORP - AMENDMENT TO PROVIDE FOR A NEW US$400 MILLION SENIOR SECURED REVOLVING CREDIT FACILITY

* DETOUR GOLD CORP - AMENDMENT HAS AN ACCORDION OPTION ALLOWING CO TO INCREASE SIZE OF FACILITY BY ANOTHER US$100 MILLION TO A TOTAL AMOUNT OF $500 MILLION

* DETOUR GOLD CORP - NEW CREDIT FACILITY HAS A FOUR-YEAR TERM, MATURING SEPTEMBER 25, 2023

* DETOUR GOLD CORP - PLANS TO PAY DOWN US$100 MILLION IN INDEBTEDNESS UNDER NEW CREDIT FACILITY BY END OF Q3 2019

* DETOUR GOLD CORP - PLANS TO FULLY PAY DOWN ITS INDEBTEDNESS UNDER NEW CREDIT FACILITY IN COMING MONTHS Source text for Eikon: Further company coverage:

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