Globe secures additional funding of up to US$1.2 million
Filed with ASX · · 3 pages · English
Globe Metals & Mining Limited (ASX: GBE)(“Globe” or“Company”) is pleased to advise that Director Bo Tan has agreed to provide an additional loan facility of up to US$1.2 million on an unsecured basis to assist the Company with its short-term working capital requirements (Facility). The Facility is non-dilutive for existing shareholders and will allow the Company to focus its efforts on completing
Globe Metals & Mining Limited on 6ix
Earlier from Globe Metals & Mining
- Globe Metals & Mining Limited Pre-development funding Term Sheet - Supplementary ASX Announcement
- Globe signs non-binding pre-development funding Term Sheet for Kanyika Niobium Project
- Globe receives 12-month extension for commencement of mine development at Kanyika
- Reinstatement to Quotation
- Results of capital raising and new $2.3m loan facility
Later from Globe Metals & Mining
- Globe signs second offtake agreement for Kanyika Project's Phase 1 production
- Resignation of CEO and appointment of Interim CEO
- Globe Metals & Mining Limited - Variation of loan facilities with Director Bo Tan
- Two-Tranche Private Placement for $8.67 million
- Settlement of Tranche 1 Placement and Reduction in Debt
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