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Metals X Announces Completion of A$35m Loan Facility

18 Sep 2019  |  08:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Completion of A$35 Million Loan Facility

Metals X advised that the final condition has been satisfied in regard to the facility agreement entered into with Citibank N.A. for an A$35,000,000 secured term loan facility (Facility). The Company has completed the tin hedge programme required to draw down the remaining $12,500,000 of the facility. The final draw down is expected to be on or around 20 September 2019.

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