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BRIEF-Rye Patch Gold renegotiates terms for its mines
October 30, 2017 / 1:01 PM / 19 days ago

BRIEF-Rye Patch Gold renegotiates terms for its mines

Oct 30 (Reuters) - Rye Patch Gold Corp

* Has renegotiated terms for about C$49 million of reclamation bonds for company’s Florida Canyon mine and Standard mine​

* New terms result in material reduction in portion of reclamation bond that co is required to fund through cash reclamation deposits​

* New funding requirement reduced from 40 percent of bond amount to 25 percent Source text for Eikon: Further company coverage:

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