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Why Did Mineral Commodities Tie Loan Maturity to Skaland Sale?
12:51pm on Friday 27th of June, 2025 AEST
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Mining
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Why Did Mineral Commodities Tie Loan Maturity to Skaland Sale?
12:51pm on Friday 27th of June, 2025 AEST
Key Points
Convertible loan facility of A$2.4 million with existing shareholders
Largest loan contribution of A$2 million from Au Mining Limited
Maturity date extended to two years from first drawdown or earlier upon Skaland sale
Loan terms remain consistent with prior announcements
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