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White Energy Secures $1 Million Loan for Acquisition Due Diligence

5:18pm on Tuesday 23rd of June, 2026 AEST Energy
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White Energy Secures $1 Million Loan for Acquisition Due Diligence

5:18pm on Tuesday 23rd of June, 2026 AEST
Key Points
  • Unsecured $1 million loan facility from chairman’s private company
  • Funds to support due diligence on US and Surat Basin coal acquisitions
  • Loan bears 0.8% monthly interest, rising if payments are late
  • Repayment tied to upcoming capital raising proceeds
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