Troilus Mining Secures $850 Million Debt Financing Commitment For Quebec Project

12:04 PM EDT, 09/28/2026 (MT Newswires) -- Troilus Mining (TLG.TO) has secured a written commitment from KfW IPEX-Bank and Societe Generale to underwrite $850 million in debt financing for its Troilus Gold-Copper Project in Quebec, the company said on Monday. The debt commitment is part of a planned $1.1 billion debt financing package, which includes a conditional $250 million contribution from Export Development Canada, a statement said. "These credit approvals represent one of the most significant financing milestones in Troilus's development to date. The underwriting commitments from KfW IPEX-Bank and Societe Generale reflect the depth of work undertaken to establish the Project's technical and economic foundations and advance our execution plan," said Troilus Chief Executive Officer Justin Reid. Troilus shares were last seen down CA$0.13 at CA$2.03 on the Toronto Stock Exchange. Price: 2.03, Change: -0.14, Percent Change: -6.25