Brief: Metro Mining Enters Into A Facility Agreement

Metro Mining

13/03/2023 01:22

March 13 (Reuters) - Metro Mining Ltd  MMI.AX :
    * ENTERED INTO A FACILITY AGREEMENT WITH NEBARI NATURAL
RESOURCES
CREDIT FUND I, LP AND NEBARI NATURAL RESOURCES CREDIT FUND II,
LP
    * FINANCING FACILITY OF UP TO US$30 MILLION
    * PROCEEDS FROM FINANCING FACILITY ALLOW FUNDING OF
EXPANSION OF
BAUXITE HILLS MINE
    * DRAWDOWN NOTICE HAS BEEN SUBMITTED FOR US$20M, WITH
FURTHER
US$10M AVAILABLE SUBJECT TO MEETING CERTAIN CONDITIONS PRECEDENT

Source text for Eikon:  ID:nASX6L007z 
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