Caravel Minerals LimitedASX: CVV

$15 Million Royalty Funding Arrangement

· Issued by Caravel Minerals Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

The agreement includes a new royalty of a certain percentage over the project and an extension of an existing loan facility. This funding is intended to support the project's feasibility study and general corporate purposes. The total investment from Regal in the project has now reached double the initial amount.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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