Bushveld Minerals (GB:BMN) has released an update.
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Bushveld Minerals Limited has announced the South African Reserve Bank’s approval for Orion’s US$10 million matched funding as part of a revised Senior Loan Facility Agreement. This strategic financial boost is set to strengthen the company’s working capital, aiding in the Vametco turnaround strategy and improving creditor balance. The CEO expressed confidence that the additional funds, alongside a US$12 million facility from SPR, will significantly enhance their financial position.
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