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Globe Metals Secures $1.2M Director Loan to Advance Kanyika Study
7:03pm on Monday 2nd of June, 2025 AEST
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Metals & Mining
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Globe Metals Secures $1.2M Director Loan to Advance Kanyika Study
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
US$1.2 million unsecured loan facility from Director Bo Tan
Loan structured in staged drawdowns from February to April 2025
20% annual interest rate with daily capitalisation
Facility supports completion of updated Feasibility Study and off-take agreements
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