BCN 4.17% 2.3¢ beacon minerals limited

Ann: Letter to Shareholders, page-66

  1. 344 Posts.
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    Hi Laverton
    This is a exert from Ann. 23 March 2023.
    My memory not as good as it use to be it was 2 quarters .
    Subject to obtaining the necessary approvals at the general meeting, the proposed $20 million DebentureIssue will provide the Company with funding to acquire the Lady Ida Project and also bring the Projectinto Production in Q4 2023. The proposed debentures will be secured by a mortgage against all the leasesand fixed assets of the Company.
    Below is the link to the full Ann.
    https://app.sharelinktechnologies.com/announcement/asx/7d797f18103281e39384a52b7242a6aa
 
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