Comet Ridge Refinances, Extends AU$9.5 Million Loan Facility

MT Newswires Live
2025/05/21

Comet Ridge (ASX:COI) said that an existing AU$9.5 million loan facility with PURE Asset Management Resources Fund has been refinanced and extended via a deed of amendment and restatement, according to a Wednesday ASX filing.

The facility, originally due to be repaid in September, has been extended to June 30, 2027. It still carries an interest rate of 12% per annum.

PURE Asset Management arranged for a co-investment of AU$3.5 million into the refinanced facility from two family office investors, reducing its loan amount to AU$6 million.

Comet Ridge added that 55 million new warrants, expiring June 30, 2028, and carrying an exercise price of AU$0.16 per warrant, will be issued. Around 39.4 million tranche-one warrants from the existing facility will be cancelled.

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。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10