Generation Mining Secures CAD $200 Million Subordinated Debt Commitment from Canada Infrastructure Bank

Generation Mining Secures CAD $200 Million Subordinated Debt Commitment from Canada Infrastructure Bank

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (the "Company") is pleased to announce the Canada Infrastructure Bank ("CIB") has received internal credit approval for a subordinated debt facility of CAD $200 million (“CIB Facility”) to support the construction and development of the Marathon Copper-Palladium Project ("Marathon Project").

The CIB Facility is comprised of the following two components:

CAD $110 million subordinated debt facility to fund development and construction costs at the Marathon Project (the "Sub-Debt Facility"); and

CAD $90 million subordinated standby facility available to fund any project cost overruns during construction (the "COF Facility").