On April 28, 2022, Orla Mining Ltd. refinanced its US$125 million project finance facility with a new US$150 million secured credit facility. The credit facility includes a 5-year US$100 million term facility and a 3-year US$50 million revolving facility. The proceeds from the credit facility were used to repay the existing project finance facility, with the balance of the revolving facility available for general corporate purposes and working capital.
Cassels acted for Orla.