Amarillo Gold (CVE: AGC – OTCQB: AGCBF) CEO Mike Mutchler joined Steve Darling to share details with Proactive that the company has released their Q1 financial numbers. In it, Mutchler provides some insight into construction financing for their Posse Gold Project.
Mutchler telling Proactive the company has chosen to let their exclusivity with a lender expire, so the company will now explore options to see if a better deal for shareholders can be found. The company currently has 40 million in the bank and feels they have the flexibility to find a better deal.