Stanmore Resources LtdASX: SMR

US$120 million facility agreement

· Issued by Stanmore Resources Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Stanmore Resources Ltd has executed a facility agreement for a significant loan amount, which will be secured against certain assets of its subsidiary, Stanmore IP Coal Pty Ltd. The funds from this facility will be utilized for general corporate purposes, including working capital needs. The agreement includes various terms such as a maturity date, interest rate, and fees associated with the facility. This announcement has been approved by the Board of Directors of Stanmore.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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