California Gold Signs Term Sheet for US$3.0 Million Credit Facility to Finance its High-CBD Industrial Hemp Seed Propagation Project

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Apr 12, 2019
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TORONTO, ON / ACCESSWIRE / April 3, 2019 / California Gold Mining Inc. (''California Gold'' or the ''Company'') (CSE: CGM) (OTCQX: CFGMF) is pleased to announce that it has entered into a term sheet (the ''Term Sheet'') with Toronto-based alternative credit firm Romspen Investment Corporation (''Romspen''), outlining the terms of a secured credit facility to finance the development and operation of the Company's recently announced high-CBD industrial hemp seed propagation project on its 100%-owned, 3,351-acre, privately-held Fremont property (''Fremont'' or the ''Property'') in Mariposa County, California.