Austral Gold Repays Related Party Loan of $2 Million

MT Newswires Live

2025/09/08

Austral Gold (ASX:AGD) said it has repaid in full a $2 million loan plus accrued interest of $133,000 to Inversiones Financieras del Sur SA, according to a Monday Australian bourse filing.

The company said it made the repayment through the transfer of a portion of the loan collateral in Unico Silver (ASX:USL) shares held by Austral Gold Canada, at a closing price of AU$0.48 per share as of Sept. 5.

The loan is now fully extinguished, and 13.4 million Unico shares have been released from collateral obligations, the filing added.

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