GME Resources Limited ( (AU:AXN) ) has shared an announcement.
Alliance Nickel Limited has announced an extension of the maturity date for unsecured loans from Zeta Resources and company directors to July 31, 2025. This extension, which maintains the same competitive terms, underscores the lenders’ confidence in Alliance’s long-term goals and the NiWest Project’s potential. The loans provide ongoing funding as Alliance continues discussions with potential strategic partners, reinforcing the company’s belief in nickel’s crucial role in global electrification.
More about GME Resources Limited
Alliance Nickel Limited is an ASX-listed critical minerals development company focused on its flagship NiWest nickel cobalt project in Australia. The project boasts one of the highest-grade undeveloped nickel laterite resources and benefits from access to existing primary mining infrastructure, strategically located near Glencore’s Murrin Murrin Operations. The company aims to produce low-cost, high-quality Class 1 nickel and cobalt sulphate for the Electric Vehicle sector.
Average Trading Volume: 16,666
Technical Sentiment Signal: Sell
Current Market Cap: $43.65M
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