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How Burgundy Diamond Mines Secured C$115M to Battle Tariff-Driven Market Headwinds
11:15am on Friday 19th of December, 2025 AEDT
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How Burgundy Diamond Mines Secured C$115M to Battle Tariff-Driven Market Headwinds
11:15am on Friday 19th of December, 2025 AEDT
Key Points
C$115 million senior secured loan from Canada’s LETL facility
Loan supports Ekati mine operations amid US tariffs on Indian diamond imports
Loan includes issuance of over 1.1 billion warrants to CEEFC, partly subject to shareholder approval
Significant financial restructuring including senior debt subordination and creditor concessions
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Burgundy Diamond Mines (ASX:BDM)
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