Resource Capital Gold Corp. announced that it has completed a USD 5,500,000 senior secured loan facility, provided by Sprott Private Resource Lending (Collector) LP (Sprott), pursuant to a credit agreement entered into among RCG, Sprott and RCG's subsidiaries, Maritime Gold Corp., Maritime Dufferin Gold Corp. and Flex Mining &Exploration Limited, as guarantors. The credit facility is subject to a 2% additional pre-paid interest amount payable on or before the earlier of January 31, 2018 and the closing of an equity financing by RCG, and will bear interest at a rate equal to 9.00% plus the greater of US Dollar 12 month LIBOR, and 1.00% per annum, payable monthly, and will mature on December 8, 2020. Principal repayments commence in December 2018, with equal monthly instalments thereafter. RCG proposes to service and repay the Credit Facility through proceeds from production of the Dufferin gold mine (Project). RCG has used the proceeds of the Credit Facility to pay USD 5,625,000 in full and final satisfaction of its Promissory Note to LRC-RA LP (face value USD 8,000,000), which RCG incurred when it acquired the Project in October 2016. In connection with the Credit Facility, RCG has granted security over substantially all of its assets in favor of Sprott, and has granted 16,000,000 common share purchase warrants, all exercisable in whole or in part for a term of three years at an exercise price equal to CAD 0.125 per common share of the Company. Further, RCG has entered into an amended and restated net smelter return royalty agreement with LRC, pursuant to which the NSR interest granted to LRC is now secured and will become payable on any gold mined and shipped from the Project beginning, January 1, 2018, whether in commercial production or any other mining activity.