Australian Strategic Materials (ASX:ASM) secured an extension to the letter of interest (LoI) from Export Development Canada (EDC), according to a Tuesday filing with the Australian bourse.
The LoI, which will now expire on Apr. 24, 2026, indicates support for EDC for a direct lending debt facility package of up to AU$400 million for the Dubbo project in New South Wales, the filing said.
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