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Troilus Gold Corp.

09:53 AM EST - Troilus Gold Corp. : Has executed a mandate letter with respect to a non-binding term sheet with a syndicate of leading global financial institutions, including Societe Generale, KfW IPEX-Bank, and Export Development Canada to arrange a structured project debt financing package of up to US$700 million for the development and construction of the Troilus Gold-Copper Project, located in north-central Quebec. Troilus Gold Corp. shares T.TLG are trading unchanged at $0.38.