Generation Mining Secures CAD $200 Million Subordinated Debt Commitment from Canada Infrastructure Bank (opens original article in a new tab)

Generation Mining secured CAD $200 million in subordinated debt from the Canada Infrastructure Bank to support the Marathon Copper-Palladium Project, adding to its total project financing of CAD $969 million.

• Generation Mining secured CAD $200 million subordinated debt from Canada Infrastructure Bank for the Marathon Project.
• The funding includes CAD $110 million for development and CAD $90 million for cost overruns.
• The company has raised CAD $969 million in total financing for the project.