VANCOUVER, Feb. 8, 2012 /CNW/ - Yukon-Nevada Gold Corp.
(the '
Company') is pleased to announce that it has entered into a Forward Gold Purchase Agreement (the '
Agreement') with Deutsche Bank AG, London Branch ('
Deutsche Bank'). Deutsche Bank has funded a US$20 million prepaid gold forward facility (the '
Gold Facility') to Queenstake Resources USA, Inc. ('
Queenstake'), a wholly-owned subsidiary of the Company
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