Aeris Resources Limited ( (AU:AIS) ) has shared an announcement.
Aeris Resources Limited has announced a refinancing of its debt and guarantee facilities, securing a $60 million Guarantee Facility with Washington H. Soul Pattinson (WHSP) to replace its current $50 million facility with ANZ. This refinancing, which includes extending an existing $50 million Term Facility to August 2026, provides Aeris with increased financial flexibility and liquidity, freeing up $10 million in restricted cash for working capital. The move is expected to support Aeris’ growth plans, particularly in the development and exploration of its Tritton and Constellation sites, without the need for immediate equity raising.
More about Aeris Resources Limited
Aeris Resources Limited is an established Australian copper-gold producer and explorer. The company is focused on the production and exploration of copper and gold, positioning itself in the mining industry with a market focus on these valuable resources.
Average Trading Volume: 1,844,455
Technical Sentiment Signal: Hold
Current Market Cap: A$184M
For detailed information about AIS stock, go to TipRanks’ Stock Analysis page.