BRIEF-Saracen Mineral to buy Thunderbox and Bannockburn gold mines and operations

Tue, 21 Jan - 3:37pm

Jan 21 (Reuters) - Saracen Mineral Holdings Ltd SAR.AX :

* Entered into a binding agreement to acquire the Thunderbox and Bannockburn gold mines and operations

* Consideration payable to Norilsk Nickel Australia Pty Ltd for the acquisition comprises A$20 million cash on settlement

* Says secured an increase in its debt facilities with macquarie bank limited

* Says total available debt facilities have been increased from A$45 million to A$55 million

* Source text for Eikon News Search ID:nASX7NbYyr

((For more news, please click here SAR.AX ))

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URN: 
urn:newsml:reuters.com:20140121:nWNBS00ACK:8
Topics: 
MET AU CMPNY PREC MINE BLR ASIA DBT DEAL1 LEN LOA RTRS MRG CDM BACT MIN BMAT CORPD MTAL

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