Fruta Del Norte Project Finance Secured

VANCOUVER, BC - Lundin Gold Inc. has received commitments from a syndicate of five senior lenders for a senior secured project finance facility of $300 million to fund the development and construction of its Fruta del Norte gold project in Ecuador.  "Together with the project financing package from Orion Mine Finance Group and Blackstone Tactical Opportunities, this Facility further reflects a strong endorsement of the Project and confidence in the Lundin Gold team," said Ron Hochstein, President and CEO of Lundin Gold. "We look forward to working with this supportive group of lenders as we continue to develop Fruta del Norte. The Project remains on schedule and on budget to achieve first gold production by the end of 2019."