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Apex Trader Funding (ATF) - News

Sandfire Resources America Announces Variation to Bridge Loan Agreement

WHITE SULPHUR SPRINGS, Mont., June 28, 2024 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that it has entered into a third variation agreement (the "Third Variation") to its bridge loan agreement, as amended (the "Bridge Loan") with Sandfire BC Holdings (Australia) Pty Ltd. ("Sandfire BC"), the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company ("Tintina Montana"). Pursuant to the Third Variation, the amount available to be borrowed under the Third Variation, Variation and Bridge Loan will be increased from an aggregate of up to US$32.0 million to an aggregate of up to US$40.0 million through one or more advances, and the latest maturity will be extended from June 30, 2024 ...