First Bauxite closes C$8m. funding deal with US investor RCF
Published: Thursday, 20 January 2011
Emerging bauxite producer completes initial part of a $28m. lending facility
Canadas First Bauxite Corp. has closed the first part
of a two tranche financing deal with US private investor
Resource Capital Fund (RCF).
The first tranche represents a value of C$8m. to further
fund the development of its non-metallurgical bauxite project
in Guyana, South America.