11:45 AM EST - Sprott Resource Corp. : and Stonegate Agricom Ltd. jointly announced that they have signed a commitment letter whereby SRC, through Sprott Resource Partnership, will provide Stonegate with a $7.5 million loan facility for up to an 18-month term at an interest rate of 5% per annum. The funds will be used for general working capital purposes, including Stonegate's environmental permitting activities at its Paris Hills Phosphate Project in Idaho. Sprott Resource Corp.
shares T.SCP are trading down $0.02 at $4.00.
