EDC expresses interest in financing Niger uranium project – Global Atomic

Toronto-listed Global Atomic said on Tuesday that it had received a letter of interest from Export Development Canada (EDC), confirming its interest in working with the company to finance the Dasa uranium project, in Niger.

EDC has indicated a potential participation, at typical bank rates, for a greenfield mining project of up to $75-million, to form the cornerstone of what is expected to be a syndicate of three banks.