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How Will Chariot’s A$3.5M Loan Reshape Its Lithium Ambitions?
7:04pm on Monday 30th of March, 2026 AEDT
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How Will Chariot’s A$3.5M Loan Reshape Its Lithium Ambitions?
7:04pm on Monday 30th of March, 2026 AEDT
Key Points
A$3.5 million secured loan facility with GAM Company Pty Ltd
Refinances A$2.824 million existing debt and transaction costs
Loan matures in 12 months with upfront 9% interest and 18% annual thereafter
Mandatory partial repayment linked to future equity raisings
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CHARIOT RESOURCES (ASX:CC9)
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