Date Closed

February 28, 2011

Lead Office

Toronto

Value

50.00 Million USD

On February 28, 2011, Lake Shore Gold Corp., a gold producing mining company with properties in Northern Ontario and Quebec, announced a US $50 million, three-year corporate revolving credit facility with UniCredit Bank AG acting as administrative agent for and on behalf of the lenders to the Facility from time to time. The Facility will be used for capital expenditures related to Lake Shore’s Ontario mining projects, principally its Timmins Mine, Thunder Creek, Bell Creek Complex and Bell Creek Mill, and for general corporate purposes.

McCarthy Tétrault LLP represented Lake Shore Gold, with a team led by Lynn Parsons.