Brief: Lotus Resources Announces Strategic Funding Package For Kayelekera Ramp-Up
23/07/2026 02:43
BRIEF-Lotus Resources Announces Strategic Funding Package For Kayelekera Ramp-Up July 23 (Reuters) - Lotus Resources Ltd LOT.AX:
ANNOUNCES STRATEGIC FUNDING PACKAGE FOR KAYELEKERA RAMP-UP
LAUNCHES FULLY UNDERWRITTEN A$60.1 MILLION ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER
SECURES BINDING AGREEMENT FOR A$35 MILLION SENIOR UNSECURED CONVERTIBLE NOTES FROM CVI INVESTMENTS
RECEIVES BINDING COMMITMENT LETTER FROM MERCURIA FOR US$30 MILLION INVENTORY-BACKED PREPAYMENT FACILITY
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