Update on Secured Loan Facility
Filed with ASX · · 1 page · English
Summary by 6ix AI
Citigold Corporation Limited has announced an update regarding its secured loan facility, indicating that it has received a notice of default from its lender. The company is currently in discussions with the lender to settle the facility and is seeking additional funding to address the secured debt. Additionally, the lender has removed the current directors of Charters Towers Gold Pty Ltd, a wholly owned subsidiary of Citigold. Citigold will continue to keep the market informed about developments related to this matter.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Citigold Corporation Limited on 6ix
Earlier from Citigold
- Citi Enhances Citigold Private Client Experience with Education Planning Partnerships
- Quarterly Activities Report and Appendix 5B
- Citi Enriches Private Market Offerings for Citigold Private Clients in Collaboration with Blackstone, Blue Owl and KKR
- Reinstatement to Quotation
- Suspension from Quotation
Later from Citigold
- Response to ASX Aware Letter
- Trading Halt
- Pause in Trading
- Proposed Placement and Repayment of Secured Loan Facility
- Completion of Placement and Secured Loan Settlement
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