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How Noble Helium’s $4.6M Loan Restructure Fuels Rukwa Drilling Ambitions
10:22am on Thursday 15th of January, 2026 AEDT
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Energy
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How Noble Helium’s $4.6M Loan Restructure Fuels Rukwa Drilling Ambitions
10:22am on Thursday 15th of January, 2026 AEDT
Key Points
Partial repayment and rollover of $4.6 million VAT shortfall loan
Convertible loan note issued raising $2.15 million from sophisticated investors
Loan maturity extended to 30 June 2027 with reduced interest rates
Conversion rights and share options offered to lenders, pending shareholder approval
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