Lode Gold repays Fremont Gold Mine secured loan early, clears US$3.6 million debt
Reuters2026/08/05 16:38Bitget 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 including accrued interest; the Fremont property will be released from security.
- The loan had been amended to mature May 1, 2028; early repayment qualified the company for a rebate on 50% of a 2% extension fee.
- Workstream outlined for the Fremont project includes engineering and drilling in summer/fall 2026, mine planning in late 2026, PFS targeted 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 PR Newswire (Ref. ID: VA20029) on August 05, 2026, and is solely responsible for the information contained therein.
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