No MEI is - Caldeira Rare Earth Ionic Clay Project
The Caldeira Project is a globally significant endowment of Rare Earth elements, further enhanced by its proximity
to REE separation facilities in the Western Hemisphere. The Company is gearing up to mine and process high value
Neodymium, Praseodymium (NdPr) and the highly sought Dysprosium and Terbium (DyTb). These four magnetic
rare earth elements are critical for the generation of essential clean energy for the future.
With the support of Sprott Capital Partners (SCP), Meteoric has engaged Washington D.C.-based Woodford
Resources for the initial phase of the Senior Debt Financing process. This has culminated in the Company receiving
a non-binding Letter of Interest from the United States, Export-Import Bank (EXIM). Any financing support from
EXIM following the Letter of Interest is subject to EXIM’s policies, procedures, credit requirements, and
consideration by EXIM’s Board of Directors
The indicative terms of the potential financing are as follows:
▪ Facility amount of up to US$250M for United States origin equipment, goods and services.
▪ Subject to, but not limited to, typical conditions for financing but not yet defined.
▪ The willingness and interest of both parties to progress to a binding debt arrangement.
https://hotcopper.com.au/threads/ann-senior-debt-process-initiated-for-caldeira-ree-project.7912448/#post-73001708
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Open | High | Low | Value | Volume |
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6 | 1133956 | 1.3¢ |
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45 | 19275634 | 0.012 |
23 | 11810900 | 0.011 |
33 | 14135323 | 0.010 |
5 | 3311900 | 0.009 |
Price($) | Vol. | No. |
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0.014 | 7432969 | 29 |
0.015 | 10220555 | 20 |
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0.017 | 5838492 | 12 |
0.018 | 2473261 | 12 |
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