Australia's Regis Resources gains on early repayment of loan facility

Regis Resources

16/01/2025 24:57

** Shares of Regis Resources  RRL.AX  rise 1.2% to A$2.935,
their highest since Dec. 12
    ** Gold miner announces early and full repayment of co's
current A$300 mln ($186.87 mln) syndicated loan facility
    ** Co says term loan facility was due to mature on Jun. 30,
2025
    ** Co held cash and bullion balance of A$529 mln as at end
of December 2024
    ** Stock rose as much as 2.8% in early trade, their largest
intraday gain since mid April 2021
    ** Regis up 15.5% YTD, including current session's moves

($1 = 1.6054 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))