Latest Loan Agreements News

Horizon Minerals reported a significant A$7.48 million cash outflow for the March quarter, ending with just under A$6 million in cash and securing a US$5 million convertible loan to bolster liquidity.

Brazilian Critical Minerals Ltd reports a significant resource upgrade and strong scoping study results for its Ema rare earth project in Brazil, highlighting low operating costs and promising economics.

Osteopore Limited has drawn down A$2 million from the first tranche of its redeemable convertible notes, using the proceeds to repay existing loans and support ongoing business activities.

The Calmer Co. International Limited has secured a $2.64 million FJD loan from Fiji Development Bank to acquire a key Navua facility, marking a strategic step to bolster its kava processing and staff infrastructure.

Norwood Systems has extended its cash drawdown facility for the sixth time, increasing the principal to $732,189.69 and pushing the repayment deadline to late February 2025.

Queste Communications Ltd reported a robust $4.2 million net cash increase in January 2025, driven primarily by positive operating cash flows and strategic investing activities. The company’s consolidated cash position benefits from its controlling stake in Orion Equities Limited.

Keybridge Capital has been hit with an immediate $4.6 million loan repayment demand from Yowie Group, triggered by delays in its capital raising efforts obstructed by WAM Active Limited.

Stakk Limited has marked a pivotal quarter with the acquisition of US fintech R-DBX, generating $1.6 million in revenue, and secured a $1 million working capital facility to fuel its Embedded Finance growth strategy.

DMC Mining Limited progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, while navigating key board appointments and capital raising efforts ahead of ASX re-admission.

Admiralty Resources NL reported a $395,000 net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $2.54 million investment in exploration. The company ended the period with $2.44 million in cash and $678,000 in unused financing facilities, highlighting ongoing funding challenges.

LawFinance Limited has completed a significant debt restructuring, easing financial pressures, but faces ongoing challenges with declining cash collections and uncertain progress on its Trident Health Group initiative.

Minbos Resources has officially commenced construction on its Cabinda Phosphate Fertilizer Project, supported by a robust US$36 million financing package from strategic partners including Angola’s Sovereign Wealth Fund and Banco BAI.