Develop Global (ASX:DVP) completed the documentation for the commercial terms of a AU$100 million loan facility with commodities firm Trafigura, according to a Tuesday filing with the Australian bourse.
Proceeds will be used to support the restart of the Woodlawn copper-zinc mine in New South Wales, which is now 50% complete, the filing said.
Both parties further signed a five-year offtake deal for Woodlawn.
Company shares rose past 6% in recent Tuesday trade.
Price (AUD): $2.35, Change: $+0.14, Percent Change: +6.33%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。