Catalyst Metals Limited (AU:CYL) has released an update.
Catalyst Metals Limited has significantly strengthened its financial position by repaying over A$28 million of debt, largely inherited from the acquisition of Vango Mining, and is left with a minor gold loan representing only 2.5% of its annual production. The company’s robust balance sheet, showcased by A$30 million in available liquidity, positions it well for the continued exploration and development of its strategic assets within the Plutonic Gold Belt. With a solid production profile and high-grade projects in Western Australia and Tasmania, Catalyst Metals is poised for growth in the gold mining sector.
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