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Highfield Advances Yankuang Deal and Muga Project Amid Regulatory Hurdles

11:20am on Thursday 30th of January, 2025 AEDT Mining
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Highfield Advances Yankuang Deal and Muga Project Amid Regulatory Hurdles

11:20am on Thursday 30th of January, 2025 AEDT
Key Points
  • FIRB grants no objection to Yankuang Energy's US$376 million share subscription
  • Highfield seeks amendments to senior loan facility to align with Muga construction timeline
  • Government addressing adverse court ruling on Goyo mining concession
  • Shareholders ratify prior equity issues and approve new share issuance to Meritz Securities
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