Victoria Gold repays $10 million of credit facility borrowings

By Taylor Fox

New York, Aug. 5 – Victoria Gold Corp. repaid $10 million toward its senior secured credit facility on Aug. 4, according to a news release.

This payment is an early unscheduled repayment of interest and principal.

As previously reported, Victoria Gold made the first principal repayment against its senior secured credit facility of $7,133,266 on May 31.

Regular payments are scheduled to occur on a quarterly basis with the final payment scheduled for November 2023.

Victoria Gold is a gold exploration company based in Toronto.

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