$40 MILLION DRAWDOWN COMPLETED
Released
Released
Announcement PDF
7 AUGUST 2023
ASX/MEDIA RELEASE
$40 MILLION DRAWDOWN COMPLETED
Established Australian copper-gold producer and explorer, Aeris Resources Limited
(ASX: AIS) (Aeris or the Company) is pleased to provide an update on its $50 million
Working Capital Facility (Facility) provided by Washington H. Soul Pattinson (WHSP).
The Conditions Precedent to enable drawdown of funds from the Facility have been
completed and the drawdown of $40 million has been received.
Aeris Resources’ Executive Chairman, Andre Labuschagne, said “This funding
injection enables us to progress with an orderly suspension of Jaguar and focus on
delivery of our operational and growth targets across the business for FY24.
Consultation processes with our people at Jaguar has commenced and our key aim
now is to transition to care and maintenance in a safe and orderly manner.”
This announcement is authorised for lodgement by:
Andre Labuschagne
Executive Chairman
ENDS
For further information, please contact:
Mr. Andre Labuschagne
Executive Chairman
Tel: +61 7 3034 6200, or visit our website at www.aerisresources.com.au
Media:
Ayla Djonlagic
Tel: 0402 763 968
ayla@sabio.com.au
Aeris Resources Limited ABN 30 147 131 977
Level 6, 120 Edward Street, Brisbane, QLD 4000, Australia
E: info@aerisresources.com.au T: +61 7 3034 6200
aerisresources.com.au
ABN 30 147 131 977
ABN 30 147 131 | Page1 977
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