Eastern Platinum secures up to C$ 2 million credit facility from Ka An Development Co. Ltd

Reuters2026/08/04 05:06

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Eastern Platinum secured a new credit facility of up to C$ 2 million with Ka An Development.
Total credit available across three facilities now up to C$ 4 million.
Proceeds earmarked for working capital to support the Crocodile River Mine underground ramp-up.
Borrowings carry 10.25% annual interest, rising to 15.375% on overdue amounts.
Each advance matures in six months, subject to renewal or extension at the lender’s discretion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Platinum Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525080), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Eastern Platinum secures up to C$ 2 million credit facility from Ka An Development Co. Ltd

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