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How Andromeda Metals Secured A$75 Million to Power Great White Project

9:50am on Wednesday 4th of June, 2025 AEST Mining
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How Andromeda Metals Secured A$75 Million to Power Great White Project

9:50am on Wednesday 4th of June, 2025 AEST
Key Points
  • A$75 million debt facility approved by Merricks Capital
  • Facility includes principal, interest, fees, reserves, and cost overrun tranche
  • 78-month tenor with 12-month grace period and 50% bullet repayment
  • Equity warrants to Merricks Capital subject to shareholder approval
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