Continental Gold Inc. announced that it has, through its wholly-owned subsidiary Continental Gold Limited, entered into a definitive senior Credit Agreement with a special purpose vehicle of RK Mine Finance Master Fund I Limited to provide a secured project debt facility for a total of USD 250 million. The project debt facility will be used for the development, construction and working capital requirements for the Company’s Buriticá project in Antioquia, Colombia. Prior to the execution of the Agreement, Red Kite conducted substantial technical and legal due diligence and, therefore, the Agreement is not subject to further due diligence. Conyers provided Bermuda law advice to RK Mine Finance acting through its special purpose vehicle RK Mine Finance Master Fund I Limited to provide a secured project debt facility for a total of USD 250 million to Continental Gold Inc.