Battery Mineral Resources (TSE:BMR) has released an update.
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.
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