San Gold Corporation announced that it has received $2.57 million in funding from B Asset Manager LP
On the same day, the company has received $1,669,250 in its first tranche. It paid a commitment fee of $250,000. Remaining $900,000 is expected to receive on or about December 29, 2014.
On December 31, 2014, San Gold Corporation (OTCPK:SGRC.F) closed the transaction. The company has received $900,000 in its second tranche. The company has received total of $256, 9250 in the transaction.