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Just The Facts: Cyprium Metals, Tamboran Resources, NextDC

Proactive

Written by Fouad Haidar

In today's Just The Facts..

Cyprium Metals has refinanced its US$27 million senior loan with mining lender Nebari, extending the maturity to 2029. The deal gives Cyprium more flexibility during construction at the Nifty Copper Project, including the ability to repay and redraw funds through to 2027.

Tamboran Resources put out its quarterlies - and confirmed it's advanced its Beetaloo development, approved the Shenandoah South Pilot Project and completed three long-reach horizontal wells. The company ended the quarter with nearly US$40 million in cash and expects about US$100 million in near-term inflows.

Technology sector dropped four percent, falling to its lowest level since April 29, as NextDC, Technology One, Xero and Wisetech Global all took hits. The sector is now on track for its fourth straight day of losses and has slipped about five percent so far this week.

#CypriumMetals #Copper #TamboranResources #Energy #TechSector #NextDC #Xero #WiseTech #TechStocks

Read the full article on Proactive here


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