February 27, 2024
West Red Lake Strikes Gold with $20 Million Offering Tied to Gold
Embracing Gold in Financial Ascent West Red Lake has recently made headlines in the financial world as it successfully raised $20 million through gold-linked note financing. These notes, set to mature on December 31, 2029, carry a tantalizing coupon rate of 12% per annum, payable quarterly to investors. The company is making a bold move by committing to place gold in escrow on a quarterly basis into a gold trust account starting in 2026. It’s as though they’re staking a claim in the treasure troves of old-time miners, ready to strike it rich. Golden Redemption for Investors A unique feature
