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BMC secures US$38M debt facility for Kudz Ze Kayah zinc project

BMC (UK) Ltd. closed a US$38 million debt facility from RK Mine Finance to fund its flagship Kudz Ze Kayah zinc project in Canada's Yukon Territory.

The company said Feb. 1 that it now has undrawn equity and debt funding of over US$100 million available for project exploration and development.

A definitive feasibility study for the project is expected to be complete in the next 12 months.

CEO Scott Donaldson said BMC would also consider project acquisition opportunities.