Australian Strategic Materials Receives Extension of Letter of Interest from Canada's Official Export Credit Agency

MT Newswires Live

2025/04/01

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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