Kathleen Valley fully funded to first production and beyond
20/10/2023Kathleen 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: