Youanmi Project Financing Completed
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Rox Resources Ltd has announced the completion of financing for the Youanmi Gold Project through a signed Syndicated Facility Agreement. The agreement secures significant debt facilities to fund the development of the project, which is fully owned by Rox. The company expects to begin drawing down the funds in the third quarter of the upcoming year, with the first gold pour anticipated in the following year. This financing marks a crucial step in advancing the project towards construction and production.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Rox Resources
- Letter from the MD – March Shareholder Update
- Final Investment Decision Approved for Youanmi
- Youanmi Fully Funded to Production
- Youanmi Development Accelerating
- EPC contractor engaged for Youanmi
Later from Rox Resources
- Drilling identifies high-grade ounces outside of mine plan
- Correction to Previous Announcement
- Dewatering Complete at Youanmi Main Pit
- Mining Gold and Building the Mill
- Youanmi fully permitted as construction accelerates
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