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MC Mining Secures US$9.94 Million Convertible Note to Advance Makhado Project
6:06pm on Thursday 11th of June, 2026 AEST
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Mining
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MC Mining Secures US$9.94 Million Convertible Note to Advance Makhado Project
6:06pm on Thursday 11th of June, 2026 AEST
Key Points
US$9.94 million unsecured convertible notes arranged
Funding aimed at Makhado project construction and commissioning
Notes bear RBA rate plus 3% interest, mature in 12 months
Conversion to shares subject to shareholder approval
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