Alpha HPA (ASX:A4N) stated that the trustee of the QIC critical minerals and battery technology fund (QCMBTF) has extended the deadline for the AU$30 million sales support facility agreement with its subsidiary, Alpha Sapphire, to Aug. 31, according to a Monday filing with the Australian bourse.
Alpha Sapphire has drawn AU$3 million of the total commitment, with access to the remaining funds contingent on meeting conditions precedent by June 30, a deadline that QCMBTF has now extended to August 31, with all other terms unchanged, the filing said.