Orla presents debt program

Orla presents debt program

Debt Corporate & Sovereign Strategy Bonds Capital Markets Loans Mexico Panama Canada

Orla Mining said it has drafted a $300m debt program to raise funding for projects in Mexico and Panama. The 25-month program allows the Vancouver-based company to offer "any combination of common shares, debt securities, subscription receipts, units and warrants," Orla said in a statement. The company also said it has presented it debt plans to regulators in every province and territory in Canada, except Quebec. Orla plans to start construction on the Camino Rojo gold mine in Zacatecas, Mexic

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