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How Lefroy Secured $2.5M to Fuel Lucky Strike Gold Project Growth
8:22am on Wednesday 16th of July, 2025 AEST
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How Lefroy Secured $2.5M to Fuel Lucky Strike Gold Project Growth
8:22am on Wednesday 16th of July, 2025 AEST
Key Points
Profit Cash Advance Facility agreement with BML Ventures for $2.5 million
Funding drawn quarterly with first $1 million by September 2025 quarter
8% annual interest rate capitalised monthly, secured by Lucky Strike tenement mortgage
Avoids dilution of existing shareholders and retains full ownership of resources
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