Crown Capital provides $25 mln debenture to Claude Resources

Canadian specialty investment firm Crown Capital Partners has provided a $25 million debenture to Claude Resources Inc., a gold exploration and mining company based in Saskatoon, Saskatchewan. Proceeds of the deal will be used for working capital purposes. Crown Capital, which recently closed Norrep Credit Opportunities Fund II at $100 million, completed its previous transaction in late 2012, when the firm provided a $20 million debenture to Calgary’s Genalta Power Inc.

PRESS RELEASE

Crown Capital Partners Inc. announces transaction with Claude Resources Inc.

April 9, 2013 – Crown Capital Partners Inc. has provided a $25 million debenture to Claude Resources Inc. for working capital purposes.

Claude Resources is a gold producer with shares listed on both the Toronto Stock Exchange (TSX-CRJ) and the NYSE MKT (NYSE MKT-CGR). The company’s assets are located in Canada, with the main revenue generating asset being the Seabee Gold Project, located in Northern Saskatchewan.

For more information on Claude Resources, please visit www.clauderesources.com.

Crown Capital Partners was founded in 2000 and is a national investment manager with offices in Calgary and Toronto. Crown Capital Partners provides alternative debt financing for private equity backed and non-sponsored middle market transactions across Canada. Please visit www.crowncapital.ca or contact Chris Johnson at 416.640.6715 or Brent Hughes at 403.539.9569 for additional details.

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