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Austral Gold Completes Loan Repayment with Unico Silver Shares

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Austral Gold Completes Loan Repayment with Unico Silver Shares

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Austral Gold ( (AU:AGD) ) has provided an announcement.

Austral Gold Limited has announced the full repayment of a US$2,000,000 loan plus accrued interest to Inversiones Financieras del Sur SA (IFISA) through the transfer of Unico Silver shares. This transaction, which extinguishes the loan and releases collateral obligations, reflects Austral Gold’s strategic financial management and strengthens its operational stability, potentially enhancing its market position and stakeholder confidence.

More about Austral Gold

Austral Gold is a growing gold and silver mining producer focused on building a portfolio of quality assets in the Americas. The company operates on three strategic pillars: production, exploration, and equity investments, aiming to advance its portfolio of producing and exploration assets.

YTD Price Performance: 113.64%

Average Trading Volume: 107,140

Technical Sentiment Signal: Sell

Current Market Cap: A$28.78M

See more data about AGD stock on TipRanks’ Stock Analysis page.

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