Brief: Wa Kaolin Improves Cash Position By A$5M After Signing Term Sheet For Sale Of Kwinana Property
13/06/2023 02:41
June 13 (Reuters) - WA Kaolin Ltd WAK.AX :
* IMPROVES CASH POSITION BY A$5M AFTER SIGNING TERM SHEET
FOR
SALE OF KWINANA PROPERTY FOR A$7M, EXCLUDING PLANT AND EQUIPMENT
* WILL NOW ESTABLISH A NEW A$3 MILLION DEBT FACILITY WITH
BONEYARD
INVESTMENTS PTY LTD
Source text for Eikon: ID:nASX6h3Wxq
Further company coverage: WAK.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on WA Kaolin
See all newsBrief: Wa Kaolin Receives Notice Of Majority Forward Order Cancellations
Brief: WA Kaolin Securities Placed In Trading Halt
Brief: Wa Kaolin Updates On Maintenance And Plant Improvement Program
Brief: WA Kaolin Appoints Alf Baker As Interim Chairman
Brief: WA Kaolin Logs Qtrly Sales 9,787 Tonnes, Revenue A$1.97 Mln