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Polymetals Finalises $28 Million Bond Exchange to Secure Endeavor Mine

9:10am on Tuesday 28th of July, 2026 AEST Mining
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Polymetals Finalises $28 Million Bond Exchange to Secure Endeavor Mine

9:10am on Tuesday 28th of July, 2026 AEST
Key Points
  • Endeavor Mine rehabilitation bond exchanged for $27.956 million
  • 100% ownership of Cobar Infrastructure Pty Ltd secured
  • Real estate portfolio valued at $19 million included in acquisition
  • Bond backed by Macquarie Bank guarantee and funded from cash reserves
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