Brief: Strandline Resources Says A$150 Million Loan Facility Provided By NAIF Ratified
01/06/2021 02:48
June 1 (Reuters) - Strandline Resources Ltd STA.AX :
* NAIF LOAN FACILITY REACHES CONTRACTUAL CLOSE
* A$150 MILLION LOAN FACILITY PROVIDED BY NORTHERN
AUSTRALIAN
INFRASTRUCTURE FACILITY RATIFIED
* COBURN IS FULLY FUNDED THROUGH TO PRODUCTION BY A
COMBINATION OF
DEBT PROVIDED BY NAIF AND A US$60 MILLION BOND ISSUE
* FIRST PRODUCTION OF HEAVY MINERAL CONCENTRATE SCHEDULED
FOR
Q4-CY2022 AT COBURN
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