Battery Mineral Resources (TSE:BMR) has released an update.
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Battery Mineral Resources Corp. has secured a $750,000 loan from Weston Energy II LLC to fund operations at its Punitaqui copper project in Chile. The unsecured loan, which bears an 8% annual interest rate, is set to mature on September 24, 2024. This strategic financial move aims to bolster the company’s copper production capabilities without issuing bonus securities.
For further insights into TSE:BMR stock, check out TipRanks’ Stock Analysis page.
