BRIEF-Atlantic Gold announces first draw of $20 mln under $115 mln project loan facility

Mon Oct 3, 2016 8:16am EDT
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Oct 3 (Reuters) - Atlantic Gold Corp :

* Atlantic gold announces first draw under project loan facility

* Has made its first draw in amount of $20 million under a $115 million project loan facility

* Proceeds of first draw will be to fund project capital costs for construction of co's Moose River Consolidated Project in Nova Scotia. Source text for Eikon: Further company coverage: