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CZR Resources Navigates FIRB Delays, Extends Loan Facility Amid Cash Constraints
6:07pm on Sunday 1st of June, 2025 AEST
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CZR Resources Navigates FIRB Delays, Extends Loan Facility Amid Cash Constraints
6:07pm on Sunday 1st of June, 2025 AEST
Key Points
FIRB approval for Robe Mesa transaction delayed until 28 February 2025
Exclusivity on Robe Mesa sale agreement with Miracle Iron Resources terminated
Exploration activities limited to conserve cash amid regulatory uncertainty
Loan facility with Yandal Investments increased to $2.5 million, repayment extended to June 2025
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