Pensana Nears Extension of US$15M Loan Facility

Pensana Rare Earths PLC (GB:PRE) has released an update.

Pensana Rare Earths PLC is engaged in positive discussions to extend its US$15 million loan facility with the Angolan Sovereign Wealth Fund (FSDEA) initially obtained for capital, working capital, and operating expenses at the Longonjo project. The extension aligns with the timing of securing the project’s main financing, and the company promises to update the market once the terms are finalized.

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