Fourth Sangdong Tungsten Mine Loan Facility Drawdown
2023-04-03 04:19:56 Highlights: US$5.6 million drawdown of KfW IPEX-Bank project finance facility completed fourth scheduled drawdown; Total drawn under KfW IPEX-Bank facility now stands at US$32.3 million of the total US$75.1 million facility; Sangdong mine construction remains on track for commissioning in 2024 and when in operation will be the world’s largest tungsten mine outside […]
Signal Gold Receives US$16.0 Million from Initial Drawdown of Nebari Credit Facility
2023-02-27 05:04:41 TORONTO, ON / ACCESSWIRE / February 27, 2023 / Signal Gold Inc. (“Signal Gold” or the “Company”) (TSX:SGNL) (OTCQX:SGNLF) is pleased to announce that it has received the initial drawdown of US$16.0 million (“Tranche 1”) of its previously announced US$21.0 million credit facility with Nebari Gold Fund 1 LP, Nebari Natural Resources Credit […]
Horizonte Minerals PLC Announces First Drawdown Complete
2022-12-08 00:26:00 HORIZONTE MINERALS PLC COMPLETES FIRST DRAWDOWN UNDER US$346 MILLION SENIOR DEBT FACILITIES Highlights: All conditions precedent for first utilisation under the Senior Debt Facilities have been satisfied, a major milestone to de-risk the Araguaia Nickel Project and satisfy all Senior Lender requirements; First tranche of funds received from the Senior Lenders and both […]
Almonty Industries: Sangdong Mine Operational Update and Second KfW Drawdown received
2022-08-24 05:08:40 TORONTO / Aug 24, 2022 / Business Wire / Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce an operational and financing update in relation to its Sangdong Tungsten Mine, which is currently under construction in South Korea. Operational […]
Almonty Industries Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility
2022-07-05 04:38:56 TORONTO / Jul 05, 2022 / Business Wire / Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that it has received from KfW-IPEX Bank the fully executed utilization request for the first drawdown of US$12,818,081 from the US$75.1M facility. […]
Jervois Global US$50 million bond drawdown to fund ongoing construction of ICO
2022-02-07 07:19:59 7 February 2022 – TheNewswire – Jervois Global Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) has completed the first of two drawdowns of 50% of the US$100 million bond offering (the “Bonds”) proceeds from the escrow account, as contemplated by the terms of the Bonds. First drawdown on the Bonds follows […]