tiprankstipranks

Black Cat Syndicate Secures Key Funding for Paulsens

Black Cat Syndicate Secures Key Funding for Paulsens

Black Cat Syndicate Ltd. (AU:BC8) has released an update.

Black Cat Syndicate Limited has secured a US$20.5 million loan from Nebari Natural Resources Credit Fund II, ensuring full funding for the restart of its wholly owned Paulsens Gold Operation. The funding is structured in two tranches, with flexible repayment options and no mandatory hedging requirements, providing Black Cat with financial stability as it moves towards production. The deal, facilitated by Leeuwin Capital Partners, marks an exciting phase for the company as it forges a key partnership with an experienced resource lender.

For further insights into AU:BC8 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App