Roxgold Inc. announced that it has successfully completed the lenders' completion test and made an early repayment of USD 15 million under its USD 75 million credit facility. The company is also announcing that it has amended the Initial Facility with BNP Paribas and Societé Generalé Corporate & Investment Banking in order to reduce borrowing costs and obtain more financial flexibility. The Yaramoko Gold Mine successfully passed the lenders' completion test, which encompasses a number of key performance and financial metrics including reserve grade reconciliation, plant throughput, metal recoveries and operating costs. As a result of passing the completion test, the USD 15 million cost overrun facility required under the Initial Facility has been released. The Initial Facility of USD 75 million has been amended to a USD 60 million credit facility, amortizing on a quarterly basis, maturing in June 2021 at an interest rate of LIBOR plus 3.75% which represents a reduction of 1.00% from the current prevailing rate. The Amended Facility is no longer subject to a semi-annual mandatory cash sweep and reduces restrictions on the timing and usage of cash flow generated from the Yaramoko Gold Mine. The first USD 15 million tranche of the Amended Facility has also been arranged as a revolving credit facility to provide further financial flexibility.