Caterpillar Finances Equipment For Detour Gold

On May 3, 2011, Detour Gold Corporation (“Detour Gold”) closed the previously announced agreement with Caterpillar Financial Services Limited (“Cat Financial”) pursuant to which Cat Financial will underwrite US$105 million in mobile fleet equipment financing. The equipment financed by Cat Financial will be used for the development of the Detour Lake gold project located in northern Ontario.

Cat Financial was represented in-house by Tracie Kim, who was assisted by McCarthy Tétrault LLP's Robert Doyle and Sabine Audette-Hall in Montréal and Gordon Baird in Toronto.

Detour Gold was represented in-house by Julie Galloway, who was assisted by Fraser Milner Casgrain LLP's Ross Walker.


Gordon D. Baird Sabine Audette-Hall Julie I. Galloway Ross W. Walker J. Robert Doyle