Generation Mining agrees term sheet for up to $11 million Ontario CMPF loan for Marathon processing facility

Bitget2026/09/18 18:08

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Generation Mining agreed to a non-binding term sheet with the Government of Ontario for a loan of up to $11 million.
Funding is through Ontario’s Critical Minerals Processing Fund, administered by Invest Ontario, to support the Marathon processing facility build.
Loan size depends on eligible spending, tied to about $410 million of qualifying costs, plus employment targets at the Marathon Project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Generation Mining Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260918103846) on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Generation Mining agrees term sheet for up to $11 million Ontario CMPF loan for Marathon processing facility

You may also like

Crypto prices