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Arcadia Minerals Secures $150K Convertible Loan to Fuel Project Growth
4:06am on Monday 2nd of June, 2025 AEST
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Mining
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Arcadia Minerals Secures $150K Convertible Loan to Fuel Project Growth
4:06am on Monday 2nd of June, 2025 AEST
Key Points
Secured A$150,000 via convertible unsecured non-recourse loan
Loan carries 10% interest, convertible into shares with shareholder approval
Funding supports ongoing development of Swanson Mining Project
Enables pursuit of farm-out and joint venture opportunities for Karibib and TVC projects
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