Latest Loan Assignments News

Celsius Resources disputes Kiri Industries’ takeover of loan rights and offtake negotiations at Makilala Mining, triggering emergency arbitration amid ongoing project financing tensions.

Celsius Resources initiates emergency arbitration to halt Kiri’s offtake deals with Makilala Mining, while grappling with governance upheaval and stalled financing at its Philippine copper project.

Celsius Resources is probing an unauthorized directive by an executive to transfer shares in Makilala Mining, leading to the termination of the executive's consulting role amid ongoing ownership conflicts.

Celsius Resources appoints Bardin Davis as MD to lead financing efforts for the MCB Copper-Gold Project, extends Final Investment Decision timeline to late 2026, and navigates a complex ownership dispute in the Philippines while raising A$9.3 million.

Celsius Resources has revealed it was not informed before Maharlika Investment Corporation assigned its loan under the Omnibus Loan and Security Agreement with Makilala Mining to an Indian firm, prompting legal and financial review.

Tigers Realm Coal's planned sale of its Russian subsidiaries faces ongoing delays due to regulatory hurdles and buyer demands for further price cuts, leaving the transaction in limbo and the company suspended from ASX trading.

Lithium Energy Limited has received US$26 million following the completion of Tranche 1 in the staged US$63 million sale of its Solaroz Lithium Brine Project interest to CNGR Netherlands New Energy Technology B.V. The transaction marks a significant milestone in the company’s strategic asset divestment.

Tigers Realm Coal’s planned divestment of its Russian subsidiaries has hit significant regulatory roadblocks, resulting in a reduced sale price, increased exit tax, and suspension from ASX trading.