Business
Completion of Acquisition and Refinancing
Completion of Acquisition and Refinancing.
About this update from Ecora Royalties Plc
[{"type":"text","content":"\n \nRNS Number : 7737W Anglo Pacific Group PLC 13 February 2017 \n\n \n \n \nNews Release\n \n13 February, 2017\n \nAnglo Pacific Group PLC\nCompletion of Acquisition and Refinancing \n \nFurther to the announcement on February 1, 2017, Anglo Pacific Group PLC (the \"Company\") (LSE: APF, TSX: APY) is pleased to announce the closing of the financing agreement relating to the portion of the toll milling proceeds from the McClean Lake Mill attributable to Denison Mines Inc. (a wholly owned subsidiary of the Toronto Stock Exchange listed Denison Mines Corp) together with an associated streaming agreement, for total cash consideration of C$43.5 million (£26.4 million).\n \nThe Denison Financing has been part funded through the Placing, as well as a drawdown on the Company's new syndicated three-year revolving credit facility, which is shared equally between Barclays Bank PLC and Investec Bank PLC. \n \nCapitalised terms used, but not defined, in this announcement, have the same meanings as set out in the announcement released by the Company on February 1, 2017 in relation to the Proposed Acquisition, Equity Placing and Refinancing.\n \n \nFor further information, please contact:\n \nAnglo Pacific Group PLC +44 (0) 20 3435 7400\nJulian Treger - Chief Executive Officer \nKevin Flynn - Chief Financial Officer and Company Secretary\nJuan Alvarez - Head of Investments\n \nWebsite: &n...