Aterian PLC (GB:ATN) has released an update.
Aterian PLC has announced a significant off-take agreement through its Rwandan subsidiary, Eastinco Limited, with a major trading house to sell metal concentrates from local mining sources, enhancing revenue prospects. Additionally, Aterian has secured a $1 million trade finance facility at a 14.4% annual interest rate to bolster its trading operations and maintain operational efficiency. These strategic moves are designed to support Aterian’s revenue generation and long-term success in its exploration endeavors across Rwanda, Morocco, and Botswana.
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