Mineral Commodities (ASX:MRC) said lenders of its AU$2.4 million convertible loan facility, including top shareholder Au Mining, have agreed to extend the loan maturity, according to a Tuesday filing with the Australian bourse.
The loans, originally provided by five shareholders in October, will now mature on the earlier of two years from first drawdown or May 16 upon the completion of the Skaland Graphite operation in Norway, per the filing.
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