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Strandline Resources progresses debt facility for Coburn mineral sands project, advances exploration at Tanzania assets


Strandline Resources progresses debt facility for Coburn mineral sands project, advances exploration at Tanzania assets
January 28, 2021
Strandline Resources has shortlisted lenders regarding a $100 million debt tranche, which is the remaining funding required to develop Coburn.
16SHARES
Perth-based explorer Strandline Resources (ASX: STA) has spent the three months to December 2020 advancing a commercial debt facility to finance development of its flagship $260 million Coburn minerals sands project in WA.
In a quarterly report released today, the company confirmed it was in detailed discussions with shortlisted lenders regarding the proposed $100 million debt tranche, which will stand alongside a 15-year, $150 million loan under the Commonwealth Government’s Northern Australia Infrastructure Facility. ....

Shark Bay , Western Australia , Dar Es Salaam , Jacana Resourcest Ltd , Primero Group , Sports Authority , Power Pty Ltd , Woodside Energy , Strandline Resources , Commonwealth Government , Northern Australia Infrastructure , Mid West Ports Authority , Contract Power Australia , Pty Ltd , Jacana Resources , சுறா வளைகுடா , மேற்கு ஆஸ்திரேலியா , தார் எஸ் சலாம் , பிறிமெரோ குழு , போர்ட்ஸ் அதிகாரம் , பவர் ப்டி லிமிடெட் , வூட்ஸைடு ஆற்றல் , காமன்வெல்த் அரசு , வடக்கு ஆஸ்திரேலியா உள்கட்டமைப்பு , நடுவில் மேற்கு போர்ட்ஸ் அதிகாரம் , ஒப்பந்த பவர் ஆஸ்திரேலியா ,