Rey refinancing loans following farm-in agreements

REY Resources has entered into a loan agreement with a substantial shareholder for a facility of up to A$3 million, taking its total debt with the lender to $6.5 million.

Rey refinancing loans following farm-in agreements Rey refinancing loans following farm-in agreements Rey refinancing loans following farm-in agreements Rey refinancing loans following farm-in agreements Rey refinancing loans following farm-in agreements

Image obtained Rey Resources.

 

Yesterday Rey said it would use the cash on general working capital for the company and towards repaying an outstanding loan balance of $3.

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