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June 1 (Reuters) - Strandline Resources Ltd (STA) : NAIF LOAN...

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    01/06/21
    11:50
    Post #: 53560229

    June 1 (Reuters) - Strandline Resources Ltd (STA) :

    • NAIF LOAN FACILITY REACHES CONTRACTUAL CLOSE
    • A$150 MILLION LOAN FACILITY PROVIDED BY NORTHERN AUSTRALIAN INFRASTRUCTURE FACILITY RATIFIED
    • COBURN IS FULLY FUNDED THROUGH TO PRODUCTION BY A COMBINATION OF DEBT PROVIDED BY NAIF AND A US$60 MILLION BOND ISSUE
    • FIRST PRODUCTION OF HEAVY MINERAL CONCENTRATE SCHEDULED FOR Q4-CY2022 AT COBURN
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