|Bid||0.03 x 0|
|Ask||0.03 x 0|
|Day's Range||0.03 - 0.03|
|52 Week Range||0.03 - 0.17|
|PE Ratio (TTM)||2.14|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Resource Capital Gold Corp (TSXV:RCG), a CADCA$14.54M small-cap, operates in the basic materials industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities.Read More...
George Young took the reins as CEO of Resource Capital Gold Corp’s (TSXV:RCG) and grew market cap to CADCA$14.54M recently. Recognizing whether CEO incentives are aligned with shareholders is aRead More...
VANCOUVER, Dec. 11, 2017 /CNW/ - Resource Capital Gold Corp., TSXV:RCG ("RCG" or the "Company"), is pleased to announce that it has completed a USD $5,500,000 senior secured loan facility (the "Credit Facility"), provided by Sprott Private Resource Lending (Collector) LP ("Sprott"), pursuant to a credit agreement entered into among RCG, Sprott and RCG's subsidiaries, Maritime Gold Corp., Maritime Dufferin Gold Corp. and Flex Mining & Exploration Limited, as guarantors. The Credit Facility is subject to a 2% additional pre-paid interest amount payable on or before the earlier of January 31, 2018 and the closing of an equity financing by RCG, and will bear interest at a rate equal to 9.00% plus the greater of (i) US Dollar 12 month LIBOR, and (ii) 1.00% per annum, payable monthly, and will mature on December 8, 2020. Principal repayments commence in December 2018, with equal monthly instalments thereafter. RCG proposes to service and repay the Credit Facility through proceeds from production of the Dufferin gold mine (the "Project").
Resource Capital Gold Announces Settlement of USD $8 Million Indebtedness, Credit Financing for USD $5.5 Million and Amendments to the 1.0% NSR Royalty in Relation to the Dufferin Project