🕐21.05.10 - 19:19 Uhr

GREAT BASIN GOLD EXECUTES US$47 MILLION CREDIT FACILITY



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2010-05-21

GREAT BASIN GOLD EXECUTES US$47 MILLION CREDIT FACILITY

May 20, 2010, Vancouver, BC - Great Basin Gold Ltd, ("Great Basin" or the "Company"), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) today announced that it had executed all formal documents for a US$47 million export finance facility ("the facility"), with Credit Suisse AG as the primary lender.

Following the fulfillment of customary conditions precedent, the funds are available and can be drawn upon as required.

Read more

Michael Curlook
IR Manager & Corporate Development

Toll Free: 1 888-633-9332

or

Tsholofelo Serunye
Investor Relations Officer

Office: +27 11 301 1800

or

Barbara Cano
Breakstone Group

Office: 1-646-452-2334

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