Highfield Resources has obtained a fourth tranche of A$700,000 under its Convertible Note Facility despite a legal event releasing noteholders from future funding obligations. The company continues its Supreme Court appeal and funding discussions to advance the Muga Potash Project.
Highfield Resources (ASX:HFR) has dismissed any undisclosed material information as the cause of its recent share price jump, attributing the volatility to global geopolitical tensions impacting fertiliser raw materials.