Great Basin Gold (GBG +15%) pops after the miner says its executed its previously announced...

|About: Great Basin Gold Ltd (GBG)|By:, SA News Editor

Great Basin Gold (GBG +15%) pops after the miner says its executed its previously announced $150M credit facility agreement with Credit Suisse and Standard Chartered Bank. The facility has a maximum term of 5 years and bears an interest rate margin of 4% over the LIBOR rate.