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How Will Antilles Gold’s $26M EPC Deal with Xinhai Transform Nueva Sabana?

8:44am on Friday 11th of July, 2025 AEST Mining
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How Will Antilles Gold’s $26M EPC Deal with Xinhai Transform Nueva Sabana?

8:44am on Friday 11th of July, 2025 AEST
Key Points
  • Non-binding Letter of Intent signed with Shandong Xinhai for $26M EPC contract
  • Xinhai to provide or arrange approximately $16M in project financing
  • Proposed $4.1M share placement to Xinhai with board representation rights
  • EPC contract covers 500,000tpa concentrator and key infrastructure
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