UPDATE 1-White Tiger grants Century $10 mln loan

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Sept 27 (Reuters) - White Tiger Gold has granted a credit facility of up to $10 million to Century Mining , to help fund its expansion plans both before and after their planned merger, the companies said in a statement on Tuesday.

The Canadian gold miners, in which Russian investor Maxim Finskiy owns large stakes, entered into a binding agreement in August that will see Century become a wholly-owned subsidiary of White Tiger.

The existing bridge loans of $4 million from White Tiger will be amended and incorporated into the new facility, the companies said. (Reporting by Gowri Jayakumar in Bangalore; Editing by Joyjeet Das)