ASF Group Limited (AU:AFA) has released an update.
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Key Petroleum Limited has secured a A$200,000 loan from ASF Group Limited under an agreement featuring a 10% annual interest rate, with the loan repayable by October 2026. The unsecured loan will be used to bolster the company’s working capital, highlighting a strategic move to strengthen its financial foundation. This development could influence investor interest as Key Petroleum seeks to enhance its operational capabilities.
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