Cyprium Metals Limited (ASX: CYM) is excited to announce the closing of a $40m Senior Secured Loan Facility with Glencore, extending our strategic partnership. This funding will advance our flagship Nifty copper complex, with offtake agreements in place for downstream processing. We also retain the option to sell up to 30% ownership in Nifty, enhancing our financial flexibility.

The loan facility, now in USD, will fund Nifty early works, feasibility studies, and general corporate purposes. Importantly, we can offer proportionate physical offtake to investors, accelerating production. Our partnership with Glencore demonstrates mutual support for Australian copper production.

With a focus on operational restart and collaboration with key stakeholders, Cyprium is poised for growth. We invite investors to engage with us on these developments and look forward to continued success in the copper market.

For more details on the agreement terms and our projects, visit our website or reach out to us directly. We appreciate your continued support as we work towards delivering value to our shareholders and the broader market.