Lundin Gold Inc. announced that it has received commitments from a syndicate of five senior lenders for a senior secured project finance facility of $300 million to fund the development and construction of its Fruta del Norte gold project in Ecuador. The Lenders are ING Capital LLC, Societe Generale, Caterpillar Financial Services Corporation (Cat Financial), The Bank of Nova Scotia and KfW IPEX-Bank GmbH. The Facility will include two tranches: Tranche A of $100 million, to be guaranteed by an export credit agency satisfactory to the Lenders, and Tranche B of $200 million. The term of the Facility will be eight and a half years. There are no mandatory requirements for gold hedging associated with the Facility.