Revolver Resources Holdings Ltd (AU:RRR) has released an update.
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Revolver Resources Holdings Ltd has secured a short-term loan of A$550,000 and an At-The-Market equity facility for up to A$3 million to provide working capital and minimize shareholder dilution. These financial maneuvers are strategic steps as the company progresses towards restarting the Dianne Copper Mine, with aims for a positive final investment decision in the second half of 2024 and copper production in 2025.
For further insights into AU:RRR stock, check out TipRanks’ Stock Analysis page.
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