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Native Mineral Resources Secures $4M Unsecured Loan for Podosky Project

5:48pm on Saturday 11th of April, 2026 AEST Mining
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Native Mineral Resources Secures $4M Unsecured Loan for Podosky Project

5:48pm on Saturday 11th of April, 2026 AEST
Key Points
  • Five-year $4 million unsecured loan with 12.5% effective interest
  • Funds to complete acquisition of Podosky Gold Project mining rights
  • Facility arranged with related party, director Blake Cannavo’s entity
  • Board excluding Cannavo approved facility to avoid dilution and meet urgent timing
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