KIEV, April 8 – U.S.-based Supatcha Resources Inc. has executed an agreement with Melco Investments, Ltd. (MIL), providing for a $10-million financing to fund gold mines in Ukraine, the U.S. company said in a statement.

"This financing is in the form of a convertible debenture with terms stipulating an interest rate of 8% and a loan repayment term of 24 months from the date of execution of the agreement, by way of cash or through the conversion of shares of Supatcha Resources stock," reads the statement.