EFE 0.00% 0.5¢ eastern resources limited

Ann: Positive Feasibility Study for Nowa Nowa Iron Project, page-3

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    Project financing

    It is anticipated that project finance will be sourced from a combination of equity and debt
    instruments from existing shareholders, new equity investment, product offtake parties and debt
    providers from Australia and overseas. EFE believes that its funding opportunities will be improved at
    the completion of the receipt of all necessary permits and approvals, along with commercial contracts
    secured with service providers and offtake partners.

    Discussions are ongoing with multiple potential offtake parties and customers. While EFE has not yet
    made any firm binding commitments, discussions with several parties are advanced.
 
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