Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf, the Company) is pleased to announce that it has been awarded the prestigious European Mining and Metals 2013 Deal of the Year for its funding package for the world class Hemerdon Tungsten and Tin project.
Wolf has put in place a funding package totalling ~A$222.6 million for the development and construction of the Hemerdon Project, located in Devon
in the south west of the UK.The funding package comprises £75 million in Senior Project Finance Facilities from ING, Unicredit and CAT Financial,
plus a US$75 million Bridge Finance Facility from the Company’s major shareholder, Resource Capital Funds.