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Neometals Unlocks A$2 Million Barrambie-Backed Funding
1:23pm on Thursday 10th of September, 2026 AEST
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Mining and Mining Technology
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Neometals Unlocks A$2 Million Barrambie-Backed Funding
1:23pm on Thursday 10th of September, 2026 AEST
Key Points
A$2 million secured standby facility with Coal Holdings
ASX waiver removes immediate shareholder approval for security grant
10% annual interest plus 3% fee on undrawn funds
Loan may convert into shares at A$0.025, capped at 19.9%
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