- Jervois Global (OTCQB:JRVMF) has secured from its lender under the Jervois Finland Working Capital Facility a $24.5 million increase in the limit for the delayed draw term loan, first announced on September 9, 2024.
- This increases the Term Loan limit to $32.0 million, with $7.5 million drawn to-date.
- $8.0 million of the Term Loan limit increase is available to be drawn in accordance with Jervois’ budgetary needs, including all parties restructuring costs, prior to 14 December 2024.
- Source: Press Release