Dateline Resources Appoints GenCap Mining Advisory to Lead California Gold Project Financing

MT Newswires Live05-19

Dateline Resources (ASX:DTR) has appointed Vancouver-based GenCap Mining Advisory to lead the financing process for its Colosseum gold project in California, according to a Tuesday Australian bourse filing.

The company said GenCap was mandated to manage the existing financing process and identify additional suitable financiers, with the data room opened to several globally recognized financiers and indicative financing terms under consideration.

Given the extensive amount of information recently prepared for the bankable feasibility study (BFS), the company said the due diligence process is expected to be sped up and proposals reviewed quickly, the filing added.

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