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Andromeda Metals Advances $75M Debt Talks to Propel Great White Project
5:59am on Monday 2nd of June, 2025 AEST
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Mining
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Andromeda Metals Advances $75M Debt Talks to Propel Great White Project
5:59am on Monday 2nd of June, 2025 AEST
Key Points
Exclusive debt financing negotiations up to A$75 million with Merricks Capital
Procurement and warehousing of long lead items for Stage 1A+ underway
Drilling commenced at Chairlift Deposit to explore extensions and quality zones
Received A$2.34 million R&D tax refund and A$950,000 from asset sale proceeds
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ANDROMEDA METALS (ASX:ADN)
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