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How Elixir Energy’s $10M Debt Facility Fuels Lorelle-3 Drilling Ambitions

8:30am on Monday 23rd of February, 2026 AEDT Energy
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How Elixir Energy’s $10M Debt Facility Fuels Lorelle-3 Drilling Ambitions

8:30am on Monday 23rd of February, 2026 AEDT
Key Points
  • Up to $10 million debt facility secured with Endpoints Capital
  • Facility backed by AusIndustry Advance Finding covering 48.5% of R&D costs
  • Access to 80% of estimated FY26 R&D tax refund in advance
  • Loan carries 15.75% interest, repayable by February 2027 or upon refund receipt
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