Overnight release of borrowings from Canadian  Banks of $200m...

Overnight release of borrowings from Canadian  Banks of $200m .Part of:-

"Cobalt 27’s ability to secure additional borrowing capacity under improved terms reflects confidence in the value of the Company’s physical cobalt inventory and its recently acquired battery metals streams and royalties on low cost, long-life mines. This credit facility will fully fund both the first and second tranches of the Ramu Cobalt-Nickel Stream on the producing Ramu Nickel-Cobalt Mine, without the need to access equity capital markets,” commented Anthony Milewski, Chairman and CEO. "

Second tranch ???