Stanmore Resources LtdASX: SMR

Stanmore completes debt refinance

· Issued by Stanmore Resources Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Stanmore Resources Ltd has announced the completion of a debt refinance, extending its financing arrangements with Taurus for its Isaac Plains East Project. The refinancing includes an increase in the bonding facility and a working capital facility to support project requirements. These arrangements are crucial for progressing the Bankable Feasibility Study and targeting production from the project in the near future. The company expressed gratitude to Taurus for their ongoing support in executing its strategic plans.

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