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How Will Avenira’s $5M Loan Accelerate Its Mining Ambitions?

5:02pm on Monday 9th of March, 2026 AEDT Mining
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How Will Avenira’s $5M Loan Accelerate Its Mining Ambitions?

5:02pm on Monday 9th of March, 2026 AEDT
Key Points
  • A$5 million unsecured loan facility secured from MLHK Vehicle 1 Limited
  • Loan carries 12% annual interest, capitalised until repayment
  • Funds earmarked for Wonarah Project development and Jundee South exploration
  • Directors John He and Jason He abstained from loan approval due to conflicts
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