BUZZ-Australia's Kingsgate Consolidated hits 13-1/2-year high on meeting loan conditions

Reuters

01/07

BUZZ-Australia's <a href="https://laohu8.com/S/KSKGF">Kingsgate Consolidated</a> hits 13-1/2-year high on meeting loan conditions

** Shares of Australia's Kingsgate Consolidated KCN.AX rise as much as 2.3% to A$5.94, their highest level since May 2, 2012

** The gold and silver producer says it has satisfied conditions for new $25 million standby loan facility withNebari Natural Resources Credit Fund and other Nebari-affiliated entities

** Co says it repaid existing loan and borrowed $10 million under new facility

** Adds that total borrowings have reduced 68% from A$47 million ($31.65 million) to A$15 million

** Stock up more than 300% in 2025

($1 = 1.4848 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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07:56</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's <a href=\"https://laohu8.com/S/KSKGF\">Kingsgate Consolidated</a> hits 13-1/2-year high on meeting loan conditions</title></head><body><p>   ** Shares of Australia's <a href=\"https://laohu8.com/S/KCN.AU\">Kingsgate Consolidated</a> <span>KCN.AX</span> rise as much as 2.3% to A$5.94, their highest level since May 2, 2012 </p><p>** The gold and silver producer says it has <span>satisfied</span> conditions for new $25 million standby loan facility withNebari Natural Resources Credit Fund and other Nebari-affiliated entities</p><p>** Co says it repaid existing loan and borrowed $10 million under new facility</p><p>** Adds that total borrowings have reduced 68% from A$47 million ($31.65 million) to A$15 million</p><p>** Stock up more than 300% in 2025</p><p>($1 = 1.4848 Australian dollars)</p><p>(Reporting by Aamir Sheik Khalid in 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