middle.news

CZR Resources Navigates FIRB Delays, Extends Loan Facility Amid Cash Constraints

6:07pm on Sunday 1st of June, 2025 AEST Mining
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Czr Resources (ASX:CZR)
OPEN ARTICLE