Lode Gold repays Fremont mine secured loan early, clearing US$3.6 million debt
Reuters2026/08/04 22:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lode Gold repaid Fremont Gold Mining’s senior secured loan tied to the Fremont Gold Mine property ahead of its 2028 maturity.
- Repayment totaled about US$3.6 million of principal and accrued interest; the Fremont property security pledge will be released.
- The early payoff triggers a rebate on 50% of a 2% loan extension fee, cutting financing costs.
- The company plans engineering and drilling work in summer-fall 2026 to support a preliminary feasibility study targeted for July 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lode Gold Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608041819NEWSFILECNPR____20260804_308056_1) on August 04, 2026, and is solely responsible for the information contained therein.
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