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Broken Hill Mines Secures US$25M Financing

Summary by sharecafe.com.au

Broken Hill Mines (ASX: BHM), formerly Coolabah Metals, has executed a binding conditional term sheet with Hartree Metals LLC for a US$25 million (~A$40 million) Senior Secured Offtake Financing Facility. This facility is designed to fund growth plans at the Rasp and Pinnacles Ag-Pb-Zn operations. The key terms include a four-year term, with a 12-month principal repayment grace period, and an interest rate of Secured Overnight Financing Rate (SO…

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sharecafe.com.au

Broken Hill Mines Secures US$25M Financing

Broken Hill Mines (ASX: BHM), formerly Coolabah Metals, has executed a binding conditional term sheet with Hartree Metals LLC for a US$25 million (~A$40 million) Senior Secured Offtake Financing Facility. This facility is designed to fund growth plans at the Rasp and Pinnacles Ag-Pb-Zn operations. The key terms include a four-year term, with a 12-month principal repayment grace period, and an interest rate of Secured Overnight Financing Rate (SO…

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sharecafe.com.au broke the news in 2 days ago on Monday, March 10, 2025.

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