A$3 million unsecured loan facility
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Genmin Ltd. has announced the signing of an unsecured loan facility with Tembo Capital, its major shareholder, for funding purposes. The funds will be used for general working capital and early works at the Baniaka iron ore project in Gabon.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Genmin
- Baniaka Mining Convention signed
- Commencement of CEO
- Leadership Changes
- Reinstatement to Quotation
- A$10 million placement
Later from Genmin
- Baniaka early works commenced, Oval Advisory retained
- Gabon completes peaceful Presidential Election
- Baniaka construction collaboration and funding procurement
- Appendix 5B
- Non-executive Chair provides A$2.0 million in funding
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