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Brazilian Critical Minerals Secures Extended Funding Agreement with Supportive Lender
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Brazilian Critical Minerals Secures Extended Funding Agreement with Supportive Lender

Story Highlights
  • Brazilian Critical Minerals Ltd modifies its loan agreement to extend terms and adjust share pricing.
  • The company secures an additional $300,000 advance and 50 million options to support its Ema project.
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An update from BBX Minerals Limited ( (AU:BCM) ) is now available.

Brazilian Critical Minerals Ltd has announced a variation to its Converting Loan Agreement with Drake Private Investments LLC, extending the term to December 2026 and adjusting the issue price terms to offer flexibility in share conversion pricing. The agreement includes an additional advance of $300,000 and the issuance of 50 million options, highlighting the lender’s long-term commitment and support for the company’s advancement of its Ema project.

More about BBX Minerals Limited

Brazilian Critical Minerals Ltd is an Australian company focused on the critical minerals industry, primarily dealing with the exploration and development of mineral resources in Brazil. Its market focus includes advancing projects like the Ema project towards feasibility, supported by strategic financial partnerships.

YTD Price Performance: 0.0%

Average Trading Volume: 1,263,862

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$10.5M

For a thorough assessment of BCM stock, go to TipRanks’ Stock Analysis page.

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