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Kathleen Valley fully funded to first production and beyond

20/10/2023

Kathleen Valley is fully funded to first production and beyond following the successful execution of an attractive debt financing package and a fully underwritten equity raise.

The proceeds from the debt and equity raising will be used to refinance our existing Ford debt facility, see the Company through construction and ramp-up at Kathleen Valley and provide a prudent liquidity buffer.

We have made great progress over the past few months and are on track to commence production at Kathleen Valley in mid-2024.

Read the ASX announcements:

Listen to the Capital Raising Presentation Audio Recording: